Avoid the ‘Great Reset’ in Three Easy Steps
There are two things that should be understood about the global financial markets as the world faces what is being called the Great Reset, or Bretton Woods 2.
The first is that the US dollar rules the world (as distinct from the US nation).
The second is that the system is insane.
Sure, it may look rational with all those numbers, charts, ratios, algorithms and impressive-sounding technical terms. But collectively the whole thing is mad. As the great British writer GK Chesterton said:
The madman is not the man who has lost his reason. The madman is the man who has lost everything except his reason.
That nicely describes the global capital markets and it does not bode well either for an effective reset or the survival of the monetary system itself.
The US dollar has dominated the global financial markets since 1945, when Franklin D Roosevelt did a deal with King Abdulaziz of Saudi Arabia to denominate oil trade in the American currency, leading to the creation of the ‘petrodollar
Article from LewRockwell