From RT.
https://www.zerohedge.com/commodities/p ... d-gold-and
Putin declares US and EU have killed the monetary system
Moderator: Peak Moderation
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UndercoverElephant
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Re: Putin declares US and EU have killed the monetary system
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
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UndercoverElephant
- Posts: 13523
- Joined: 10 Mar 2008, 00:00
- Location: UK
Re: Putin declares US and EU have killed the monetary system
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
Re: Putin declares US and EU have killed the monetary system
Did Putin just try to light a fire under paper gold ?
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UndercoverElephant
- Posts: 13523
- Joined: 10 Mar 2008, 00:00
- Location: UK
Re: Putin declares US and EU have killed the monetary system
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
Re: Putin declares US and EU have killed the monetary system
Yes, and also every fiat based currency in the world is beginning to quake. The dollar may go up in the interim, as a flight to safety, but when it becomes common knowledge what is happening, Von Mises crack up boom will begin
https://www.investopedia.com/terms/c/crackup-boom.asp