The post-Bretton Woods monetary system is nearing its end-game with unsustainable debt-to-GDP ratios of over 80% in the US and 250-300% in Japan, signaling potential economic instability.
Despite non-farm payroll numbers, the US faces widening deficits and a declining productive workforce, with unemployed exceeding employed as the government hires hundreds of thousands of new workers before elections.
The US risks reaching a point where interest expense exceeds tax revenue, potentially leading to default as debt servicing costs surpass income.
CBDCs could enable governments to control money usage, restricting spending to $20,000/month per person and preventing speculation against the dollar, similar to historical ration coupons and exchange controls.
In a CBDC system, governments could monitor and restrict various activities, from travel based on social scores to food purchases for the unemployed and meat consumption for climate reasons, gradually tightening control.
During a transition to CBDCs, the old currency could become worthless within a year, while the new CBDC would be the only accepted currency for taxes, salaries, and spending.
To survive potential financial upheaval, diversifying investments across equities, private equity, precious metals, cryptocurrencies, property, and art is advised, as putting all assets in one basket is risky.
In a post-Bretton Woods system collapse, fiat-denominated assets like cash and bonds are likely to be the biggest losers, while tangible assets like property, equities, gold, silver, and Bitcoin may retain value.
The UN is advancing “UN 2.0,” a system aiming to bring all aspects of life and government under UN jurisdiction, as outlined in a 60+ page document agreed upon by all governments without objection.
The UN seeks to grant significantly expanded powers to itself and the UN Secretary General, including the authority to handle self-declared global emergencies, representing a historic power grab across all areas of life.
Half of US state governors have publicly stated they will not comply with WHO recommendations, mandates, or decrees, while multiple states have passed laws rejecting UN agendas, signaling growing resistance to international overreach.
The UN’s Public Health umbrella now encompasses climate, agriculture, energy, violence, and gun control, claiming authority to regulate all aspects of life under the guise of public health.
The UN’s 2030 Agenda and Sustainable Development Goals aim for total control over all aspects of life, with the UN determining what is allowed, as detailed in policy brief 54 by Secretary General Gutiérrez in early 2023.
The UN has partnered with Google to manipulate search results on critical topics like climate change and sustainable development, promoting UN propaganda over critical journalism, as announced by UN Under Secretary General for Communications at the World Economic Forum in 2022.
The Federal Reserve’s “lender of last resort” role enables fractional reserve banking through regulations and backing, creating an environment for bank risk-taking and malinvestment, driving business cycles and artificial booms.
Central banks’ primary concern is funding governments, especially for wars, not helping banks or employment, as evidenced by the Fed’s $35 trillion debt and need to manage excess supply at low interest rates.
Fractional Reserve banking poses a mismatch risk between deposited funds and available reserves, exposing banks to runs and crises if depositors withdraw funds simultaneously, leading to instability in the banking system.
Banks are not constrained by deposits or assets in determining loans, focusing more on politically influenced bailouts than depositors’ interests, relying on central bank intervention for survival.
Austrian business cycle theory blames the Federal Reserve for monetary inflation and business cycles, remaining applicable despite changes in banking operations, as it focuses on the Fed’s enabling of fractional reserve banking.
The Fed’s unprecedented policies since 2008, including lending to corporations and buying mortgage-backed securities, are brand new and untested, with officials acknowledging uncertainty about their legality during the crisis response.
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