BW3: Gold Replaces Dollars in Mercantilism
BW3: Gold Replaces Dollars in Mercantilism
The Shanghai Gesture
This is a restructured premium post for more readbility- VBL
The World is in a three phase rollout of a New Currency Order. This post is about those three phases.
Phase 1: Trade becomes bilateral but units remain dollar based.
Phase 2: Pricing Power Shifts East, Different Currency Units are Used
Phase 3: Deals Are Formalized and Digitized Using CBDC
TL - DR
The world is being torn into two distinct and separate trading and currency blocks.
The new system planning has been in the works for many years.
Russia and China are risking war to break out of the Western Alliance’s dollar system and America’s global domination.
If the new system is successfully launched many will join it from as far away as South America, Africa and the Middle East.
The attraction is that for the recipient country the currency offers an intrinsic value in contrast to the ‘Fiat’ currency of the US dollar system.
In recent years various countries have intimated that at a point in time in the future they won’t pay for their imports in US dollars but in their own currency.
Now a new system could unify these national arrangements in creating an alternative structure to the existing dollar-based system
The US can hope for it to resolve itself, or it can be part of the solution that preserves its power by suggesting a BW3 type thing. Or it can react harshly and too late having been painted into a corner by adversaries in a neo-mercantilst world.