U.S. Media-President-elect Joe Biden pledged Saturday to rejoin the Paris climate accord on the first day of his presidency – December 12, 2020,

Although I own Gold, I’ve always stated that I prefer an Oil Standard currency, why? Because oil affects everything, yes I get it, some people want to phase out fossil fuels, but oil is everything plastic, oil is the machines that make our lives better, oil is everywhere and to imagine it’s not is to unintentionally raise the cost of living for the poor and middle class.

Oil because it’ everywhere offers high paying MARKET-BASED jobs, what I mean by a market-based job is that even if a government were to fall and that government’s currency deemed worthless, the oil market would still be there. I have friends in Venezuela, yes it’s hell hole right now, but the oil is still there and it’s still flowing, what’s in the way of the Venezuelan people from prospering is the Venezuelan government.

I say this to illustrate that Joe Biden pledging to rejoin the Paris climate accord on the first day of his presidency is really, really, really bad for the U.S dollar. With that said I’ll give you my rundown of what I believe will happen once Joe Biden rejoins the Paris accord.

The U.S dollar will go down in value further next to other currencies UNTIL the currency wars begin. In Canada, Justin Trudeau is already talking about raising taxes on Canadians, why? Because Canada as an example has a much lower corporate tax rate than America, which means that investment in U.S dollars might find its way to Canada.

Canada’s public sector and the general health of our welfare state depends on currency manipulation. I still regard former Former Prime Minister of Canada Paul Martin as the architect of the modern Canadian economy. Paul Martin prior to becoming Prime Minister was the minister of finances for Canada from 1993 – 2002.

Although I’m not a huge fan of Paul Martin, the positive results of what he did for the Canadian economy are undeniable, now don’t confuse that was sustainable, because Paul Martin opened pandora’s box, because of him, Canada is dependent on an ARTIFICIALLY debased Canadian dollar. If the Canadian dollar reaches parity with the U.S dollar for an extended period of time, Canada’s public sector has a host of new problems to contend with.

Canada is not alone on this, the U.S dollar is almost like a Gold Standard of currencies, a lot of countries prefer pricing their currencies below the Greenback so that when those greenbacks flow into their countries they can tax and/or hoard them.

I do charity work in Nicaragua, they use the Cordobas and the U.S dollar OPENLY! Now if you subscribe to U.S fiat dollars being debt, well the U.S exports its debt all over the world and the consequence for this is that the U.S government is more expensive to run than any government on planet earth.

If the U.S dollar is indeed the Gold Standard, I have to remind people that the Gold Standard or Gold as money is a cutthroat form of money. There’s nothing wrong with corporatism or welfare with Gold Standard, but you have to pay for your government with TAXES! Gold has to be mined, Oil has to be processed, there’s a cost to doing this, and whenever the government via the central banks provide liquidity to the undeserving people and entities, the real money in some way shape, or form will find it’s way back into hiding.

Now, I can’t speak for the future, but presently the U.S dollar means something to a lot of people all over the world and even though the cost of living will rise in America under Joe Biden, the cost of living in U.S dollar might come down for countries which aren’t stupid enough to sign up for the Paris Accord.

Joe Biden in my opinion is all bark and no bite, he comes across to me as a very stupid man, and because I’m used to dealing with corrupt people, he and Kamala Harris will be easy to manipulate. I do think Joe Biden is corrupt, but all U.S politicians are corrupt, what’s interesting about Joe Biden is that he’s an idiot, I think his IQ is lower than George W. Bush because at the very least George W. Bush understood a market economy.

It wouldn’t surprise me if Joe Biden was dumb enough to create a $15 FEDERAL minimum wage, he’s been dangling it out there for the Democratic Socialists in the Democrat Party, and because he’s signing up for the Paris accord on day 1, he clearly doesn’t understand what this means for the U.S economy.

No offense to Donald Trump, but his economy was never and will never be the greatest economy in U.S history, but it was an improvement to Barack Obama’s economy. I’m forced to trade forex and I’ll tell you as an insider that there was no recovery under Barack Obama, what we had were currency wars, that was the only ‘growth’ the Obama economy ever had.

The Chinese Communist Party for those who don’t know want to control the direction of the U.S dollar, because I have contacts in China, I know Bitcoin isn’t safe either, the problem China has is that no one is willing to intentionally hoard Chinese Renembi, but that doesn’t matter to the CCP, what the CCP wants to be is the power behind the curtain and Joe Biden with his ignorance provides that for them.

A reminder that even if the Chinese Communist party signs onto the Paris Accord, they’ll break the agreement on day one, and because they’re the manufacturing hub of the world there’s nothing no western government can do about it. With all of his flaws, this was the one thing everyone will miss about Donald Trump was his business approach to Politics.

Most politicians only want the grandeur and the reward Donald Trump-like most business people paid close attention to the COST OF DOING BUSINESS! What will signing up for the Paris Accord cost America in money and flexibility? Joe Biden is a politician and will lead from behind, trusting his advisors who are by his side so they can be as rich or richer than Barack Obama when they get out of politics. The Paris Accord is a cash grab and has nothing to do with the climate!

As leaders fete Paris climate pact, Biden pledges to rejoin | abcnews.go.com

Interesting times ahead