Before you abandon U.S currency in pursuit of Gold and Bitcoin a reminder why U.S dollar is still the worlds reserve currency – May 2, 2020,
It’s often taken for granted how hard it is to create an economic system fueled by consumption, whether you believe it’s right or wrong, America is the closest thing to a capitalistic superpower on earth. America isn’t a centrally created economy, like China as an example. America is the main reason so many people in China have become multi-millionaires and the truth is America is still be suppressed from Liberty.
So via COVID-19 oil has nowhere to go, being that China is centrally planned and countries in the European Union tend to pursue regressive taxation measures to prevent their citizens from consuming, what’s left if you want to pursue riches is the U.S consumer.
What the world looks like post-COVID-19 nobody knows, but the video below, is a prime example of why the U.S dollar, has been so resilient. I want to make sure that I’m clear, I’m not saying it’s wrong or write, but this is basically why the U.S dollar was severed from the Gold Standard, we’re in a policy-driven economy, government policy eventually becomes a part of the culture of the country.
If you live in a country, State/Province, city, or town that seeks to punish you for pursuing profits, well one thing is for sure wealth will stop come knocking on your door! The video below is unbelievable if you look at it from its proper context!
Interesting times ahead!