Popping the Economic Bubble

[Wake-up!]

As central bank creation of currency and asset purchases fail to solve the problems outlined above, these dynamics will undermine the status quo rather than prop it up.  As central bank policies are increasingly fingered by the mainstream as the source of soaring wealth-income inequality, central bank policies supporting credit/asset bubbles will either be limited or cut off, and at that point all the credit/asset bubbles will pop.

See the rest of the article at; https://www.peakprosperity.com/blog/113383/what-could-pop-everything-bubble#new

What the article does not mention is the emerging 'petroyuan'. Starting in January, China, Russia, and Iran will begin trading oil futures using the Chinese Yuan instead of the US dollar. The 'petroyuan' will be fully exchangeable for gold. What will happen when demand leads to other markets switching from dollars to yuan? Is that likely to occur? If it is, will other countries continue to hold US dollars? What happens if this sequence of events leads to foreign countries dumping US dollars, i.e. increasing supply and lowering demand? Is this likely to pop the bubble? And what will it do to the price of foreign goods in the US? And the price of domestic goods and services in the US?

Read more about the 'petroyuan' here; https://politicalvelcraft.org/2017/10/29/china-launching-petroyuan-in-two-months/