CBDCs, SDRs, and the Re-Monetization of Gold… Here’s What Happens Next

Guest Post by Nick Giambruno

Central bank digital currencies

The current monetary system is on its way out.

Even the central bankers running the system can see that.

That’s why they are preparing for what comes next as they attempt to “reset” the system.

It’s important to emphasize that nobody knows what the next international monetary system will look like—not even the elites. However, they know what they want it to look like and are working hard to shape that outcome.

Next, I’ll examine their preferred outcome. Continue reading “CBDCs, SDRs, and the Re-Monetization of Gold… Here’s What Happens Next”

Here’s Why Our Monetary System is a Giant Ponzi Scheme

Via International Man

Monetary System

Ponzi schemes keep going until the perpetrator is stopped from the outside. They never stop by of their own volition. Bernie Madoff kept going until it all blew up.

In the year 2000 the Nasdaq composite exceeded a P/E of 200 before collapsing 78% by October 2002. The more successful a Ponzi the more egregious the bubble and resultant pain. The granddaddy of Ponzi — far greater than anything we’ve seen before — is our monetary system.

Continue reading “Here’s Why Our Monetary System is a Giant Ponzi Scheme”