Globalist George Soros Declares the Death of the Dollar
In a shocking and revealing exclusive Bloomberg interview, Soros declared that the moment many individuals like Gerald Celente and Max Keiser have warned about has already come and gone. In the interview Soros informs us that the dollar is no longer the global reserve currency and that gold, oil, other commodities, and foreign currencies have overtaken it. I guess this explains the massive price spikes we’ve seen in gold, silver, commodities and simple every day items like food and gasoline.
The proud Nazi supporter Soros continues to declare China the “big winners” of the economic crisis and globalization. Hilariously he mentions wage pressure for Chinese workers in a negative light. Everyone knows those Chinese workers getting paid pennies to work in inhumane and usually unsafe conditions for absurdly long shifts are way too overpaid. If anyone can afford to eat, they are overpaid in George Soros’ twisted world view.
He also mentions a “shadow banking system” which is “growing out of control”. I’m not quite sure what Soros was getting at with that brief mention but I am sure we will see as Bretton Woods II continues and the global effects on the economic and political systems are seen.
The interviewer informs the audience, “we are here to talk about new economic thinking to deal with the problems that arose by the outdated financial system”. Soros and the Bretton Woods crowd apparently have now decided that Capitalism is outdated. The ironic part is that we do not operate in a Capitalist system in any shape or form. The current economic system in place is an autocratic crony-Capitalism that uses tax loopholes, regulations and the private Federal reserve to destroy all competition. This system is now being used to demonize the highly successful system of true Capitalism that allows anyone to succeed if they can meet a demand, not shutting down competition through refusing to lend, levying unfair taxes and subjecting them to inhibitory regulation.
Soros goes on to say “State Capitalism” is a mistake and that countries should not control their own economies as it is “not good for the global economy”.
We are clearly being shown that America is no longer going to be the supposed top dog, we are now going to be subservient to the “global economy” and nations like China.
In the following longer excerpt, Soros goes into the current debt crisis that is sweeping the world, the same debt crisis that Soros and the Globalists seek to exploit in order to bring in a one world currency.
Strangely, Soros tells us that we are currently enjoying an economic recovery. I wonder what the millions of jobless Americans and countless more individuals drowning in artificial debt or even more families losing their homes to banks who employ fraudulent practices to oust hardworking Americans from their property.
It very well might be an economic recovery for the shareholders of the private Federal reserve and the receivers of all of the bailout money who continued to foreclose on middle-class Americans while pocketing the same taxpayers’ money, but the individuals on the wrong end of the stick might not agree.
Soros is asked if he thinks the American dollar is a safe investment, after which he skirts around the question but mentions that America needs inflation in order to ease debt.
He explains that the rising price of commodities is putting pressure on the ECB which resulted in their interest rate hike and he believes this is an unfit time to do so.
Soros, in typical Globalist fashion, gives much greater importance to inflation in China calling it “serious” while brushing away the clear inflation we see in the American dollar compared to gold and foreign currencies.
I will continue to cover this coordinated financial manipulation that is somehow allowed to run free without most media even mentioning the event.