Random Peacock Quote

 “Dall-ass, Tex-ass! — Home of X-president George Walking Bush.” source

Global Bi-Currencies, Ecnonomies, and Recessions, Without the Doom Days (Bi-Currency Tryptych 3/3)

The LeMetropoleCafe website published an article entitled "US Government is Preparing for the 2010 FRN collapse" on 12/26/05, by yours truly. (Federal Reserve Note --FRN--) In that article, it was stated then that: "The inevitable collapse the FRN will not spell doom for the good old USA … This is the good news. The USA is the 3rd largest gold producer subject to 2010 wind-fall taxes, as in 1860 when the comstock load silver mines funded the civil war, and when the USA $20 gold coin was king in the rebel south." The speculation of a FRN collapse seems in the cards but with a bi-currency solution.

There was also a projection of a bi-currency economy. "This real money believer and USA Yankee is now convinced of an FRN collapse at about 2010 and is now screaming the bi-currency rebel yell". "I can now see US banks allowing for silver and gold bank accounts with the issuance of silver and gold certificates to supplement conventional FRN accounts".

However, in that article, there was not a kind word for the US central banks activities that will lead us sheep to the altar when the FRN collapses. "The FRN being the world reserve currency, will be the first of the fiat money to fall from grace, as the world banks dump the dollar, trying not to be last to bail out of FRNs. The USA national debt will also be effectively wiped out by tremendous devaluation of the FRNs, a possible intended scheme by the US Government to effectively defraud bankers and savers world wide."

In retrospect, as a loyal American, I would like defend the USA, as best I can. It was and is the US tax payers that have really paid the higher price to civilize the world through vast expenditures upon military and state department efforts and aid, from WWI and WWII and to the present day. We Americans continue to pay for that civilization, while the rest of world basically stiffs the US with little effective contribution and counterproductive self serving acts. The foreigners enjoy the benefits of globalized world trade but don’t share in the cost of maintaining and protecting it.

It has been the USA soldier on the front lines, and the sea going battleships and carriers that have lead to a "democracy century" as the USA President has recently declared. In a convenient rationalization, I do not have a problem, really, with stiffing the foreigners, as simply the being the quid pro quo for their pacifism and evils in world affairs, and want of serious contribution to global civilization. That is, stiffing the foreigners by a collapsed FRN is simply the cost of doing global business enabled by USA military might in protecting international sea lanes and trade through civilizing societies and protecting global trade.

However, I will feel so sorry for those unsuspecting Americans who will get caught with large FRN bank accounts with no other hard tangible assets upon which to survive the coming FRN collapse and the resulting financial turmoil. But, we Americans have been through depression and will rise to this FRN collapse occasion as well. We will take care of our own, as our Christian-Judeo heritage compels us to do. However, if one was smart, one would hold dollars for daily expenses, but invest in tangible assets, like real estate and particularly precious metals, the base of any future bi-currency economy, and which, would have value world wide.

The declaration of a return to real money has recently been echoed by moves by the EU, Russian, and Chinese banks. In the January 5th 2006 LeMetropoleCafe.com James Joyce tread, it was stated: "Spoke with our STALKER source this afternoon. The buzz in London in the precious metal world is: More talk among the Saudis, Chinese, and Russians of a gold backed currency … maybe two currencies. They are supposedly concerned about the zillions of dollars floating around everywhere in the world. Word is they are feeling too exposed to a dollar debacle."

As such, the global trend toward world banks hoarding of gold seems to be coinciding with the prospects of bi-currencies in preparation for bi-currency economies and ultimately to only real money economies in the out years. That transition will be firstly to real money possession and secondly to real money economies, which is inevitable, though, there will certainly be a difficult transition period.

Sure there will be deep and long lasting recessions, if not an outright depression, at that important juncture when transiting between fiat dollars and real dollars in the economy. But, we Americans are a hearty, resilient, and optimistic bunch of capitalists, and will survive just fine. Nixon will be again damn for not only Watergate, but also severing the last ties between the dollar and gold. The soup lines may appear during the real money adjustment period, and possibly called "Nixon lines", but these lines wont last long, as we transition back to real money gold and silver coinage with a robust economy and with real money foreign exchanges.

On the other side of this strong optimism, is the constant prophecies of global doom, and the end times. I am just shaking in my boots! I think this is hog-wash as perpetrated by religious zealots and mainstream sensationalism news reporting. In a comprehensive projection of global confluence, it was realized that the geopolitical forces about the world are becoming ever more interconnected and actually merging and coalescing into comprehensive moving forces toward peace and stability now and more so into the out years. Reading the NY times, you would never know that, only that, the US is inherently evil and perpetrating unnecessary wars and genocide.

The real war these days has been going on for 100 years are more and is really between the Core and Gap, and the Core is definitely winning!!! That is the great news!! Iraq is just another battle in that war. A comprehensive understanding of the global conflict, that is the Global War underway between the Core and Gap, was revealed and discussed in an article entitled "The Stabilized Global Confluence Supports a Rising Tide of USA Conservatism into the Out Years, a Christmas projection of Human Cultural Evolution", by yours truly, 1/8/05, and was published at the Far Eastern State University in Vladivostok Russia.

In significant part, this global confluence analysis states: "As world empires and spheres of influence abut each other in the information age, human cultural evolution has lead to economical and political functional rule sets that are used to maintain relative peace during interactions of a CORE of economically and politically connected countries, including Russia, China, USA, EU, Japan, Australia, inter alia, that are coalescing into increasing cooperative action to prevent perturbations shocks, such as the 9-11 attack in New York, from a GAP of disconnected empires, countries and spheres of influence, including Africa, the Middle East, and the South Pacific Island Chains, leading to continued integration of GAP countries in the CORE and eventual world peace for decades, if not centuries, to come." (Abstract, in part) The article ends with two closing paragraphs.

"I believe we are reaching a tipping point, as the wealth, population, and interaction of the CORE of cooperative countries (Russia-China-India-EU-US, etc.) exceeds that of the non-functioning GAP of disconnected countries, (Africa, Middle East, and South Pacific, and of course, the cold-war hold-over in North Korea). Of the 6 Billion on earth, 4 Billion live in the CORE in relative peace as war breaks out from time to time in the GAP. As the CORE becomes more dominate over the GAP, at some point, there is the bend in an exponential, and rouge militant countries will fall like dominoes and connect with the CORE. President Bush, or for that matter, Osama Bin Laden's 9/11 attack, may have put into motion a last and inevitable collapse of social global militancy, as we as a global people will find over-all functioning peace for decades, if not centuries, to come. Yes, we Americans are culturally eternal optimists, and I plead guilty."

"Sure it is rosy global prediction, and sure assumptions are made, but it seems that there is a natural course of human cultural evolution, in that, there was first the creation of kings with tribal rule sets from the cultivation age to the iron age, then there were great empires battling for remaining lands and conquest over others from the iron age to the industrial age, but as the great geo-political CORE of the big four abut each other, with no more room for expansion, and the eventual learning of the draw backs of global war and the benefits of collective cooperation, human kind and geo-political functional rule sets finally culturally evolve from the empires of the industrial age into civilized partners in the information age, and in the end, that is a very good thing."(Last two paragraphs) See Global Confluence: http://imcs.dvgu.ru/news/dmr/globalconfluence.html

This projection of global confluence, a world wide trend towards global cooperation and peace, has been recently re-enforced, in a article by Mr. Andre Mack at the Washington Post, on 12/27/05.

Peace on Earth? Increasingly, Yes.

In that article, Mr. Mack makes some striking observations. "Seen through the eyes of the media, the world appears an evermore dangerous place", (Iraq, Darfur, Thailand, Bali), and that "people believe global violence is increasing". He correctly continues: "report reveals … armed conflicts … decline has continued". Particularly, "By 2003, there were 40 percent fewer conflicts than in 1992. The deadliest conflicts", "fell by some 80 percent", including genocides and mass slaughter".

This is an encouraging reinforcing development that the underway Global War between the Core and Gap is going very well indeed. So, it seems that the world in not going to hell in a hand basket, as many proclaim, but is definitely trending towards bi-currency economies in a cooperative more-peaceful global world of like bi-currency real-money economies. With a common measure of monetary value, gold and silver, the cheating world bankers will be history, or at least I hope so, once and for all. GATA will be proven correct, and hopefully some bankers will get lynched in public squares by those who's life savings were wiped out by the bankers' fraudulent schemes to control gold by selling short and loaning long while pumping vast amounts of fiat money into the economies.

In decades to come, no longer will fiat money be used to burn those unsuspecting citizens who placed so noble but unfounded trust in the world bankers. Bankers' reputations will sink to the contempt of lawyers and used car salesmen. To prepare for this futuristic bi-currency real-money economy world, a realignment of assets seems well advised, but with assurances and confidences in the prospects of a strong USA and a safe global world continuing through the out years, for decades, if not centuries, to come.

Derrick Michael Reid