The Triffin Dilemma Will Create a 3-G World SafeHaven.com

The Petrodollar Is The Root of All Evil

So here is the core element of what I believe, drives US foreign policy (Wars/Conflicts/Sanctions) and also domestic policy. I tried to trim my draft down so it's not a TLDR, but not leave out any critical information or citations/sources. This is pulled directly from this brief article: Petrodollar
"KEY TAKEAWAYS
This list of facts should make clear just how dependent US currency is on the global oil economy. Which brings us to something called The Triffin Dilemma .
"By "agreeing" to have its currency used as a reserve currency, a country pins its hands behind its back.
In order to keep the global economy chugging along, it may have to inject large amounts of currency into circulation, driving up inflation at home. The more popular the reserve currency is relative to other currencies, the higher its exchange rate and the less competitive domestic exporting industries become. This causes a trade deficit for the currency-issuing country, but makes the world happy. If the reserve currency country instead decides to focus on domestic monetary policy by not issuing more currency then the world is unhappy."
"Reserve Currency ParadoxBecoming a reserve currency presents countries with a paradox. They want the "interest-free" loan generated by selling currency to foreign governments, and the ability to raise capital quickly, because of high demand for reserve currency-denominated bonds. At the same time they want to be able to use capital and monetary policy to ensure that domestic industries are competitive in the world market, and to make sure that the domestic economy is healthy and not running large trade deficits.
Unfortunately, both of these ideas – cheap sources of capital and positive trade balances – can't really happen at the same time."
Obviously, the US and global economy is a complex system with many moving parts but I think, just this small amount of information begins to clarify the bigger picture. It seems as though most people have accepted the idea that we have engaged in bad faith wars in the name of stealing oil, which is true on some level, but we are not actually trying to seize the oil, we are trying to force the entire world to participate in OUR oil economy in a way that benefits us the most.
Which leads me to the final part of this post. The Non-Alignment Movement (NAM) is a collection of approximately 120 nations that have joined together, starting back during the cold war, in an effort to remain independent and not be pressured in to choosing sides between the US and Russia. Many of these countries, such as Iran, Iraq, Afghanistan, Libya and most recently, Venezuela and Syria, have either dropped the petrodollar or made efforts to trade in other currencies. If this list looks familiar, it's because we have invaded, occupied and/or attempted regime change backed by MSM reporting of human rights violations or threat of nuclear proliferation. Obviously, we have pretty solid evidence that most of these claims were completely false.
One of the main focuses of NAM these days, has been to conduct trade and handle the oil on their land, any way they see fit and they have been mounting a pretty strong coalition in response to the insanely harsh sanctions that we have tried to levy. Article About NAM and US Sanctions . This is essentially economic terrorism and unfortunately, most people, including myself, are not quite able to grasp just how de-stabilizing these sanctions are but it is slowly becoming clear to the public that we have been carrying out this policy of global dominance for decades.
The Trump WH and John Bolton just happen to be much more open about their motives: In January, White House National Security Advisor John Bolton issued a veiled threat on Twitter: My advice to bankers, brokers, traders, facilitators, and other businesses: don’t deal in gold, oil, or other Venezuelan commodities being stolen from the Venezuelan people by the Maduro mafia. We stand ready to continue to take action.
On his Twitter account, Trump insisted, “We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!”
I realize that this may not be the most exciting topic, considering the kind of news we have been peppered with recently, but I think it is important for people to consider. It seems pretty clear that almost all of our military operations around the world have everything to do with giant oil companies, defense contractors and the petrodollar and have nothing to do with spreading democracy or freeing civilians from oppressive regimes. Our allegiance with Saudi Arabia makes a lot more sense and our insane obsession on Russia also starts to take focus. Russia is also a member of NAM and is basically the biggest country that has chosen to defy the US. And since we can't push them around like a weaker country, we rely on a constant fear-mongering campaign by our media outlets.
Following the NAM summit, Venezuelan Economy Minister Tareck El Aissami announced his country’s establishment of a payment system to meet obligations to Russia that will be covered with rubles. The developments have sent the US establishment into a frenzy.
Still working on part 2, but hope some people will find this informative....
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Triffin's Dilemma, EXPLAINED: Can the US Dollar remain the World's Reserve Currency w/o US Default? The Bretton Woods Monetary System (1944 - 1971) Explained ... Supply and demand  How does The Law of Supply ... - YouTube What is TRIFFIN DILEMMA? What does TRIFFIN DILEMMA mean ... How Bretton-Woods Fell Apart - YouTube Impossible Trinity - YouTube

Trilemma: The impossible trinity, also called the Mundell-Fleming trilemma or simply the trilemma, expresses the limited options available to countries in setting monetary policy. According to ... Today no country is on a gold standard and all currencies are fiat. A future 3-G world, and a re-introduction of gold into the global monetary system, should be on all our radar screens. Robert Triffin's Dollar Prediction . In October 1959, a Yale professor sat in front of Congress' Joint Economic Committee and calmly announced that the Bretton Woods system was doomed. The Triffin Dilemma When a national currency also serves as an international reserve currency conflicts between a country’s national monetary policy and its global monetary policy will arise. “In October of 1959, a Yale professor sat in front of Congress’ Joint Economic Committee and calmly announced that the Bretton Woods system was doomed. The Triffin Dilemma . W hen a national currency also serves as an international reserve currency conflicts between a country’s national monetary policy and its global monetary policy will arise. “In October of 1959, a Yale professor sat in front of Congress' Joint Economic Committee and calmly announced that the Bretton Woods system was doomed. The dollar could not survive as the world's ... The Triffin Dilemma . When a national currency also serves as an international reserve currency conflicts between a country’s national monetary policy and its global monetary policy will arise. “In October of 1959, a Yale professor sat in front of Congress' Joint Economic Committee and calmly announced that the Bretton Woods system was doomed. The dollar could not survive as the world's ... The Triffin Dilemma. When a national currency also serves as an international reserve currency conflicts between a country's national monetary policy and its global monetary policy will arise. "In October of 1959, a Yale professor sat in front of Congress' Joint Economic Committee and calmly announced that the Bretton Woods system was doomed. The dollar could not survive as the world's reserve ...

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Triffin's Dilemma, EXPLAINED: Can the US Dollar remain the World's Reserve Currency w/o US Default?

"Do This Or Stay Poor!" The Game Of The Rich Revealed. Robert Kiyosaki Join the Live Accelerator Course: http://bit.ly/2Hap7Nu This video was uploaded with ... Impossible Trinity [25/26] by openlectures Can you have a fixed exchange rate policy, monetary policy, and free flow of capital at the same time? The impossi... Professor Perry Mehrling discussing the structure and fall of the Bretton-Woods international monetary system. In this system, the dollar was pegged to gold ... Supply and demand - which is more important? How does The Law of Supply and Demand work? Is stimulating demand good for the economy? Learn Austrian Economics... http://www.theaudiopedia.com What is TRIFFIN DILEMMA? What does TRIFFIN DILEMMA mean? TRIFFIN DILEMMA meaning - TRIFFIN DILEMMA definition - TRIF... After World War 2, it was clear the world needed a new financial system and as such, 44 countries sent delegates to Bretton Woods, New Hampshire to work on j... (Source: Investopedia) KEY TAKEAWAYS Robert Triffin believed the dollar could not survive as the world's reserve currency without requiring the United States to run ever-growing deficits.

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