Right. So how do you crush the USD when it's already been devalued to damn near nothing? I think the answer may lie in decoupling it from oil. Once that happens, bye bye world reserve status and hello reality.
RE: The USD is like a fence that keeps debt-slaves inside a labor camp: It "must" not collapse
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The USD is like a fence that keeps debt-slaves inside a labor camp: It "must" not collapse
Trust me, it's not that bad. You'll realize it's bad when you see asset prices multiply (think Venezuela)... As for what will take to take it to the next level, increased use of alternative national currencies in global commodity markets (including but not limited to oil) might do the trick.
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Asset prices don't have to multiply for me to realize it's bad now. This is Rome, and it is burning.
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Nero was fiddling and Obama is a golfing.
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