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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: bull_dozer who wrote (4857)4/1/2022 7:38:51 PM
From: bull_dozer1 Recommendation

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maceng2

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“We are witnessing the birth of Bretton Woods III – a new world (monetary) order centred around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.” – Zoltan Pozsar

When this crisis (and war) is over, the U.S. dollar should be much weaker and,
on the flipside, the renminbi much stronger, backed by a basket of commodities.
From the Bretton Woods era backed by gold bullion, to Bretton Woods II
backed by inside money (Treasuries with un-hedgeable confiscation risks), to
Bretton Woods III backed by outside money (gold bullion and other commodities).
After this war is over, “money” will never be the same again...


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