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Just as no State can afford to have a gold-backed currency, no State can afford to raise wages internally.
"According to Schiff, the US Federal Reserve is propping up the markets to urge people to spend more"
What if they just don't have any money?
If Keynes had gotten his way, America would not have been able to run a huge deficit,,, that allowed war financing.
"It shows how the international monetary system established at Bretton Woods contributed decisively to broaden balance of payments disequilibria. It argues, moreover, that the International Clearing Union proposed by Keynes would have been far more appropriate to avoid the build-up of such imbalances, being characterized by radically different features from those of the Bretton Woods system, namely: an international unit of account, distinct from all national currencies"
"an international unit of account, distinct from all national currencies; a symmetric distribution of the burden of readjustment between debtor and creditor countries; a criterion to detect chronic disequilibria and to correct exchange rates accordingly. Finally, this chapter suggests that the principles of the Keynes plan could contribute to reform financial institutions today with a view to face current imbalances, globally and within the euro area."
Why Not Bancor?: Keynes’s Currency Plan as a Solution to Global Imbalances - Oxford Scholarship
The SDR will never fly because it is created by the same criminals who created the IMF.
What does that leave to kill off the credit imbalances that are a necessary prelude to war.
Here is what General de Gaulle had to say;
"Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to organizing international credit on this new basis, will have to be deliberately agreed upon between countries, in particular those on which there devolves special responsibility by virtue of their economic and financial capabilities."
General Charles de Gaulle, February 1965
The U.S. dollar is currently the reserve currency. As missiles and directed-energy weapons get that much more powerful, the world realizes that it must end war. A new gold standard is the weapon of choice to keep States from domestic credit expansions, leading to war.
Globalism is a dead issue because of the "giant sucking sound". At the same time, the world has to contend with the issues of the pole flip and world cooling.
The Reset;
"As this Secret Reset is rolled out the first thing we are likely to see is imported goods rising significantly the first month (maybe even 20%) and another 20% soon after. The sky could be the limit. The standard of living in America (unless free energy is rolled out) is likely to drop to the level of Mexico over a year or two, maybe faster."
"Some have predicted extreme social unrest in the urban centers of Europe and America, even perhaps the whole World. That is why there is now an obvious RKM effort to lock down all the major cities of the World under the anti-terror, anti-extremism plan Strong Cities which is related to Agenda 21 and the Free Trade Agreements."
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