This Will Be an Interesting Weekend

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DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
1 year ago

I’ll believe it when I see it. You cannot tell me that TPTB who reside in Mordor-On-The-Potomac have not gamed this scenario and planned to overcome it. Stay tuned.

Quatermain
Quatermain
1 year ago

That depends entirely on the hobbit’s strategy, doesn’t it?.

DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
1 year ago
Reply to  Quatermain

The hobbit’s strategy better take into account the feckless, stupid, syphilitic-thinking and self-indulgent American sheeple. They will comply with ANYTHING Sauron and his Orcs tell them to do to keep their bread and circuses coming. Our history is replete with such things, going clear back to 1861.

Francis W. Porretto
1 year ago

“Link?” Phooey. If that yuan is redeemable in gold on demand, then it’s an advance. If not, it’s just another fiat currency — and this time, one that has no physical instantiation. I don’t call that progress, but your mileage may vary.

Noway2
Noway2
1 year ago

It will still be fiat, just a physically intangible one, which is even greater fiat than paper.

Phil1350
Phil1350
1 year ago

Since the idiot pedophile Marxist slob who craps in his pants on the world stage is no longer pumping crude oil from our wells with all the new restrictions, he placed on them, and he shut down new government land leases our dollar will collapse, it’s all predicted on oil and since the idiot has done what he done our dollar will collapse and inflation will spike to limits unheard of. hold onto to your bottom because the prices are going sky high on all commodities and services and gas will soar thru the roof. What country is going to conduct business and trade taken useless dollars backed by hot air. What kept the dollar strong was the faith of the American people while they played their Ponzi schemes all these years. The American people have lost faith in our system and watch what happens by the end of this year.

Fido
Fido
1 year ago
Reply to  Phil1350

Yeah: “If you like your dollars, you can keep your dollars…. we’re just taking their purchasing power.”

If they were taking the actual dollars, it’d be more sustainable, but, like all daylight robbery, a quicker path to violence.