So had this thought related to the now obvious and upcoming loss of the US dollar as the world reserve currency. As the world currency, the US dollar used as its main tool the requirement for all oil transactions globally to be dollar denominated. We know that for the past 100 years it is the oil companies (now PC called ‘energy companies’) have held ransom all nations of the earth by this. Energy is required for economic growth and oil is the life blood of global economic growth so the US (and by extension the Federal Reserve) has decided for the past century, who grows, who falls, who lives, who dies all on a worldwide scale. The US dollar and those who controlled it decided the fate of nations by controlling access to energy. So what would happen to the international financial order if oil no longer was needed as the life line for development of nations and people? What would happen if the long-suppressed discoveries of Nicola Tesla and/or zero-point or ancient power generation suddenly were revealed to mankind? What would become of the value of the US dollar… or the BRICS currency? What happens when people can generate their own power for FREE anywhere on the planet? When technology allows devices to power themselves? Who is in control then? What becomes the mode of exchange? Who controls that? Does anyone? Q said many suppressed inventions would be revealed. Are we looking at the right thing now? Let’s see what happens…
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BRICS is allowing countries to use their OWN currency to buy oil. That is a step in the right direction IMO. For example, Ghana plans to pay in gold https://www.aljazeera.com/economy/2022/11/24/ghana-plans-to-buy-oil-with-gold-instead-of-dollars.
Then there are countries who are now swapping currency, for example Nigeria https://issafrica.org/iss-today/can-china-free-africa-from-dependency-on-the-mighty-dollar
Perhaps, such a strategy may even protect a small country from financial collapse, if a certain percentage of its currency is reserved for energy or trade with China, instead of having to cycle it through USD first. For sure, all fiats eventually collapse, but it they are decentralized, maybe a global collapse can at least be slowed down a bit. We are certainly not in a rush to collapse the whole planet at once, are we?
Why should everyone in the world support the US dollar when the US politicians print money without end? It is seen as irresponsible, and also dangerous, as they are funding an evil little dictator who persecutes priests and drafts 16 year-olds to die in the front line. This, when all countries are bound to support the dollar. Yeah, why should they, actually? Furthermore, the arms that USA is supposedly sending to Ukraine are ending up in the hands of terrorists in Africa.
https://www.voanews.com/a/nigerian-president-ukraine-war-funneling-arms-fighters-into-lake-chad-basin/6856806.html#:~:text=30%2C%202022%2C%20the%20war%20between,into%20the%20Lake%20Chad%20region.&text=Nigeria's%20President%20Muhammadu%20Buhari%20says,the%20strength%20of%20terrorist%20groups.
Then there is the blatant highway robbery from countries in Africa that Have oil:
https://www.independent.co.ug/uganda-oil-money-agreements/
The residential use-case for energy is certainly something that can be addressed by homeowners, but in my experience (over 25 years without piped electricity) solar and wind simply don't cut it. One is basically restricted to 'when it is sunny or windy', and using candles, which IS a fire hazard. It is basically a lot of hard work, especially in the winter. One has to wash everything by hand, and to have a bath, one has to lift dozens of buckets of water from a well and carry it, and then have ready-cut firewood on hand to heat the water. Fine when I was younger, but really living in a house with electricity, temperature control and running water is kind of nice, if not life-changing.
However, ordinary citizens are not the largest users of energy. There is industry, which is a major user of oil, and Agriculture, which uses oil to harvest, plow and transport. Then a major user of oil is fertilizer, which is made from petroleum. Arguably, the invention of fertilizer has contributed to the population boom. Are we just going to stop that now? I can hear the over-population enthusiasts salivating from here.
No fertilizer = less food = starvation, starting in the lowest income countries. NOT fine, even if it is in Fuzzy-wuzzy city in Nothing-to-do-with-me-stan. Mass starvation WILL have an effect on everyone.
So, much as we kvetch against China and Russia 'getting together' and 'plotting against the USA', I kind of get where they are coming from. This is where I disagree with General Flynn.
And I don't see a fast transition away from oil soon, TBH. Certainly we can have a fast transition to 400 years ago maybe, with feudalism and people living in desperate little huts, no electricity , no running water and no food. Believe me, I tried it in my more ideological phase. But that is not a reset I am hoping for.
Granted. but not necessarily, as it is depending on where one is located and the local situation: location, location, location.
Technically, it could be set up such that a decentralized plastic processor returns an energy carrier. You could even make a business out of it.
The Great Awakening.... That's what happens.
It'll take awhile -- putting it mildly -- before cheap, energy-dense oil is displaced by any other energy source. Not to mention all the OTHER things oil is used for.
I'm all for alternative energy sources, including whatever "suppressed" energy sources that may be coming, but even that won't end our need for and heavy use of oil for a good while.
The dollar has to be destroyed in order to eliminate the cabal.
Close, but it is the Fiat Currency called FRN, better known as the US Dollar, that needs to fail. They hijacked real dollar with the FRN, and then called it a dollar to confuse the ignorant.
The real and legitimate US Dollar is not about to fail, it is the fiat currency called Federal Reserve Notes, which was used by the cabal to supplant the US Dollar years ago that is going to fail, which every fiat currency eventually does. The real money is Silver and Gold Eagles. Always has been, and always will be. The thing to understand about them though is that they are not equal to the same purchasing power as a FRN. The purchasing power of a $1 Silver Eagle is either equal to the price of an uncirculated coin, or the proof price. I do not recall which, but that gives you an idea of the actual value. Just like a Mexican Peso has a different purchasing power than an FRN.
Government has done everything to convince you that American Eagle Coins are a commodity, and not legal or lawful tender. That is untrue.