Toshio Matsuda, Commentator & Intl Economist
(This issue is submitted to a Washington D.C., Seattle, and Zurich think-tank as the English edition of “Straight from Shoulder”.)
"Straight from the shoulder " by Toshio Masuda-Samurai Lecturer
( Free of charge to the people I met)
WHO WILL BE THE WINNER IN THE COLD WAR?
The US dollar constitutes the very foundation of America's life. Its issuer is the Fed, whose shares are largely owned by Jewish capital. In consequence, the entire life of the US is dictated by the Fed, which in turn serves the interest of the Jewish capital.
Since the Fed's establishment on December 23, 1913, anyone who ever attacked the US dollar has either been assassinated, or disappeared. The well-being of the United States founded on the US dollar has thus been protected, even more so since the free world economies relay on the dollar as their reserve currency.
Cold War fought between the West-led by the US and including most European countries, and the East-led by China and including Russia as its ally, is in effect a currency war fought by the West to stop the East from dumping the US dollar.
Let’s remember that for any currency inflation is a deadly disease.
On the day before August 15, 1971 when president Nixon suspended the gold convertibility of the dollar, the price of gold was $35.00 per oz. Since then it has been rising steadily, to exceed $1,850.00 per oz-a staggering 530% in 51 years. This does not mean however that the value of gold has risen by that much; it simply means that the value of dollar has dropped that far.
The Fed, largely controlled by Jewish capital, was assisting a steady demise of the US dollar as the international reserve currency, by printing paper money not backed by any tangible collateral. The free world economies that rely on the US dollar were thus being dragged down by its inflation.
The Fed seeing that the fake economy has reached its limits, has decided to change its course: stop the inflation, put an end to the bubble economy and restore some genuine economic order. It has already stopped printing fiat money not backed by any physical commodity.
The often-quoted reasons for inflation, including the pandemic and the sanctions imposed against Russia are both transitory. The foremost, prevailing cause of the developing situation is the inflation of the US dollar, which the Fed is recently trying to arrest by increasing the federal funds rate ? the move that is likely to prove futile.
There is no hope of stopping inflation without going back to the pre-Nixon gold standard system.
Vladimir Putin-the president of Russia, and Xi Jinping - the president of China hope for some fatal disease to befall the US dollar, which would allow them to win the economic war.
On March 31, 2022 Putin has put ruble on the gold standard by setting its value at RUB5,000 for a gram of gold. Sooner or later Xi Jinping will follow Putin. Should this happen, the value of US dollar- a currency based on nothing ? would crash, leading to hyper-inflation that could kill the US economy.
The revenge of Putin, supported by Xi Jinpin, aimed against Biden is to lead the US dollar into collapse, thus destroying the US without resorting to nuclear weapons.
The Cold War will be won by the side that follows the current trend followed by the Jewish capital, which means the Gold Standard principle. So far Putin has been acting this way, and Xi Jinping is likely to follow soon. Biden, it seems, is not yet ready.
Who's going to be the winner?
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Written by Toshio Masuda