Putin Says . . . .

[Wake-up!]

Vladimir Putin: "The Dollar Enjoyed Great Trust Around The World. But For Some Reason It Is Being Used As A Political Weapon, Imposing Restrictions. Many Countries Are Now Turning Away From The Dollar As A Reserve Currency. US Dollar Will Collapse Soon."
- November 15, 2019

Here is a link to a short post; https://www.zerohedge.com/geopolitical/vladimir-putin-sums-new-world-order-5-words

When the dollar loses its status as the reserve currency, big changes will follow in the US economy. No, the globalists and socialists will not like many of the changes. They like controlling the world market with a fiat currency, i.e., one that has no true value. The globalists and socialists can manipulate fiat money to make billions for themselves. Decifict spending is the primary way they do that. And they gain more power in the process. But for people that want to see balanced budgets from governments, the result of the dollar's demise as the world's reserve currency will be mostly positive.

When the dollar loses its reserve status,
1) foreign countries will not want to buy and hold dollars to trade with, or as a hedge on changes to thier own currency's value,
2) many foreign countries will dump the dollars they are presently holdng on the world currency market,
3) the value of the dollar will decline. This sounds bad. Don't listen to the press. In the longer term it is not bad,
4) with a devalued dollar, imports of foreign goods will be (much) more expensive (unless our gov't subsidizes the goods to keep them cheap),
5) Americans will buy fewer foreign goods at higher prices. Walmart will suffer. So will Amazon,
6) American-made goods will become relatively cheap on the world market,
7) foreigners will want more American goods at the relatively lower prices (unless their countries put high tariffs on American goods),
demand for American-made products will lead to new business opportunities in our country, [for some ridiculous reason that emoji-thing is an eight and parenthesis]
9) existing industry will have the opportunity to expand, new business ventures the opportunity to start,
10) real unemployment will go down, people's earning will go up,
11) regional hardware, grocery and other retailers will be able to compete with Walmart and Amazon,
12) 'brick and mortar' retail may end its nosedive and actually increase, and
13) mom and pop businesses will successfully increase.

We can expect the Walmarts and Amazon's of the world to oppose these changes because they are the branch of globalism that reaches us through the market place.

To maximize the benefits for all of us, our federal government can take the following actions;
A) end all tariffs, trade quotas and other regulations that control the market place,
B) convert the American dollar back to a non-fiat currency, i.e., back it with a precious metal like gold or silver;
C) allow States to create their own currencies for inter-state, intra-state, and international commerce,
D) enforce the Constitutional requirement of the 'interstate commerce clause'; that is one thing, and only one thing, to keep commerce among the States regular. And that means to make sure New York doesn't pick on Alabama (for instance) by charging a higher commerce  tax or fee than it charges Massachusetts. And that is all the federal government needs to do.

Our middle class will grow, our poor class will decline, the very rich will loss their bank-government controlled advantage, prices will dynamically stabilize, savings will increase, and our standard of living will go up.

And Hell, someone might even want to build a new home in Howard, Longton, or Moline! Imagine that. Thanks Vlad!