The plan for this global reset seems to revolve around the diminishing of the U.S. as a major economic power. This does not necessarily mean the U.S. will be replaced directly. Instead, as Soros suggests, nations like China will fill the void as “smaller economic engines”. This is often referred to as “harmonization,” but what it really means is that the standard of living for ALL but a highly select minority will be deliberately reduced to a common denominator, and what is more common today than poverty?
With Russia and China’s calls for the IMF to become the defacto overseer of global monetary trade policy, and even calling for a new global currency system under the control of the IMF, I hardly see any indication that we are moving away from centralization if the U.S. currency falters. In fact, we will see even more centralization if the globalists get their way.
The key to the reset is undoubtedly the end of the dollar as the world reserve currency. Without this status, the U.S. loses all economic trade advantage as well as the advantage of perpetual debt monetization. As the dollar’s influence is reduced globally inflation becomes a more pronounced threat at home. The trade war makes the shift away from the dollar possible for international banking elites while they avoid blame for the suffering it will cause the public.
“De-dollerization” is already gaining steam as Russia and China make deals to decouple from the currency while increasing financial cooperation using their own. What trade war cheerleaders don’t understand is that a trade war with China is not a trade war with China alone. As the No. 1 exporter/importer in the world, if China decides to dump the dollar as world reserve its trading partners may very well do the same in order to secure their own import/export relationships.
As a domino effect ensues, I believe it will be the IMF that steps in as a “mediator” to provide the framework for a new system, probably under the Special Drawing Rights basket, and probably leading to a global cryptocurrency system, which the IMF has been praising recently as the next stage of evolution for money and monetary policy.
When the Fed increases balance sheet cuts, stocks take a hit of 1,000 points or more like clockwork. And, like clockwork, the mainstream media blames the drop in stocks on the trade war and Trump rather than the Fed. I think that this trend will accelerate into the end of 2018, and that stocks will hit critical downward velocity if the Fed does not reverse course. In my view, the Fed has no intention of reversing course because they prefer to see a major market crisis at this time.
But more that simply providing cover for the Fed’s controlled demolition of equities, the trade war may also provide cover for the controlled demolition of the dollar as multiple foreign creditors and trading partners turn America’s greatest strength into its greatest weakness.
The dollar itself is nothing more than an imagined symbol; it is a tool for international bankers. And, like any tool, it can be replaced. The trade war provides the perfect historical narrative for the end of the dollar. The story told to future generations will be that the U.S., emboldened by Trump’s rhetoric and nationalism, fueled by the dangerous ideas of “conservative populists”, bumbled into self-destruction and harmed the rest of the world in the process. The IMF and other globalist institutions will step in, stating that no single country should ever be allowed to wield the power of the world’s reserve currency again. They will then offer their pre-planned solution to the very problem they originally created.
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