Jesse's Café Américain

"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel

Showing posts with label Bretton Woods II. Show all posts
Showing posts with label Bretton Woods II. Show all posts
29 September 2018

US Debt and the Restraint of a Gold Standard

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Although FDR ended the use of gold in domestic circulation as currency in 1933, the US dollar remained on the gold standard until 1971.   ...
15 September 2018

The Continuing Endgame For Bretton Woods II and the Role of Gold

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“Under this system [Bretton Woods II and the petrodollar], the U.S. is running massive current account deficits to be the source of expor...
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