CURRENCY RULES THE WORLD OF TRADE EXHANGE RATES.
Will the 10th amendment prevent having a Central (The Fed) incorporated into our retaining of the dollar as the reference currency in foreign exchange for valuing imports and exports?
CONSUMERS CONTROL THE SUPPLY LINE IN THE LONG RUN. Consumerism is stronger than Communism. When you think about it as we need to, USA, Inc. wholesaler, retailer, consumer versus CCP Inc. communist supplier, price, shipper, opponent in the trade war. Who's ahead now. Well as depicted in my podcasts USA, Inc. has already lost the trade war with China the Monopsony government and a Monopoly on pricing, and delivery. Well then how to we reverse that standing. Turn the tables on them and the other exports who ship to USA more than the receive from USA suppliers.
1) Inform the exporters they have to ship on American cargo ships using USA containers. What if American shippers don’t have the capability to reverse the 90% hold China has on shipping. Well how did America win the second World War in four years against the Nazi juggernaut. Ask the greatest generation that did it. Answer patriotic and ethical workers teaming up to defeat Hitler’s supply line of weapons by building our own weapons. Now the weapons needed are cargo ships, containers, and consumerism. The same way China took over the seas and supply lines.
2) How can we do that when we are basically bankrupt from China and 30 other countries supplying our wholesalers and retailers and consumers not buying from us. Is it going to be America First when we don’t have control of the supply line and we only have control of the consumer. Okay how long will it take to reverse the tables on China.
3) Since currency exchange controls the exchange rates that control liquidity in the marketplace, we must control the currency. Golden Rule ... those who have the gold shall rule.
Guess who has the most gold? USA, Inc. has 8,500 tons of gold, China has 5,200 tons and is trying to control the gold mines in Africa. Why? To back their proposed crypto currency as the world’s exchange currency. Gold price per ounce $1,961 per ounce. USA, Inc. Equal a crypto mine of $514,566,400,000.
Plus uranium of $56,581,000,000, plus atomic number 94 plutonium of 4,000 pits $111,444,000,000,
Plus lithium (white gold) 2,400,000 tons at $310,000 per ton per year $744,000,000,000, Plus 911 million acres of farmland $3,800 per acre $3,461,800,000,000,
Plus energy production 28,421,000,000 kilowatt hours 10.4 cents in USA, 30.55 cents in Hawaii. USA GDP value $284,000,000,000 revenue electric, oil and gas $211,900,000,000 revenue per year. Total energy production revenue $495,000,000,000 billion per year. This must be shipped to our refineries and 100 foreign buyers.
Inverted yield rate on long term Treasuries of 1.4% and short term 4.3%. Fed discount rate to member banks 5.08%, and prime rate of 8.25% and international Libor rate 5.8%. Treasuries held by foreign countries $7.4 trillion. China $1 trillion, Japan $1.2 trillion, UK %600 billion, rest $4 trillion with 30 countries having a positive trade balance with USA amounting to $1 trillion. In that is a $1.9 trillion shipping monopoly by China.
With China’s move to become the world’s reserve currency with a crypto Chinese yuan digital mine backing it with their gold supply.
The question is can, the USA reorganize bringing in the Federal Reserve Bank as our Offense Department, and use our total assets of $192 trillion in assets to mine enough US dollar crypto currency to remain the worldwide reference currency. If so, can our consumers afford to build their own cargo ships, and containers at warp speed to compete with China’s hold on shopping for the international supply lines trade. Yes if funded by enterprise war bonds paying 10% for 30 year of termination.
The 10th amendment though silent has two views. One silence is liberals beckoning the move and conservatives say no way. continued.
