“It’s possible to have more than one reserve currency.”
These are the recent words of Jerome Powell, the Chairman of the Federal Reserve.
It was a stunning admission from the one person with the most control over the US dollar—the world’s reserve currency.
Reading between the lines, Powell’s remarks are a strong hint that the current international monetary system based on the US dollar is on its way out… and soon.
Even the elites running this 50+ year old system can’t go along with the farce of maintaining it anymore.
That conclusion is not surprising; it’s the logical outcome once you put the pieces together to see the Big Picture. However, what is notable is the change in tone. For the first time, the financial establishment is now talking like this out in the open. That tells me a big change could be imminent.
Although the elites would prefer to continue milking the current system, they realize it’s failing and the need to bridge the gap to a new system they hope to control.
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.
Here’s the bottom line.
The current monetary paradigm is ending, and we will enter a new one as the elites attempt to “reset” the system.
We could see…
- A supranational digital currency replace the US dollar
- The end of paper currency
- The birth of an Orwellian surveillance system that monitors and controls every penny you earn, save, and spend
This is the elites’ desired outcome.
Unfortunately, the pieces of such a system are already being put into place. The idea is to get it ready, so they can try to implement it when the current monetary system collapses—which could happen much sooner than most realize.
...the fiat system is self-destructing at an alarming rate. After more than 50 years, it’s long past the end of its shelf-life, like a carton of spoiled milk.
The current monetary system is on its way out. Even the central bankers running the system can see that. So they are preparing for what comes next as they attempt to “reset” the system.
I suspect it could all go down soon… and it’s not going to be pretty for most people.
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