Fiat Currency will Get Terminated by the Monetary Reset

The Young Pretender
@Dioclet54046121

The idea that Volcker will again save the dollar lies behind those who think the gold price will experience an organic bull market followed by a peak. It won’t be like that this time, because the fiat dollar will be euthanised by the reset.

That’s what many thought back in the time of Volcker when interest rates were hiked to create that desired effect. That won’t happen now. Currencies are being devalued far too rapidly. A lot of people won’t comprehend how poor they are going to be.

— cognitivedissonanceeverywhere (@Vercovicium) September 30, 2024

Though “perform” is an unsuitable word to describe what will happen in a monetary reset.

Well…..can’t blame him.

Bonds did outperform g0ld for over 40yrs.

— Marco Polo Time Traveller (@walles_mark) October 1, 2024

Everyone in the West is a fiat vested interest, up to their eyeballs in the old system, except those, like us #goldbugs, who have consciously uncoupled.

There are too many people in the West who are totally invested and psychologically tied to the fiat world in which they live. Greenspan genuinely believes that the Dollar is omnipotent and everyone else does as well.

— cognitivedissonanceeverywhere (@Vercovicium) October 1, 2024

Consciously uncoupling from the fiat system, by buying gold, subverts the evil fiat system. Conscious uncoupling into gold is a conscientious, intellectual, and overarching form of charity, which purely fiat charity could never be. Very effective altruism.

I uncoupled primarily out of self/family interest, but also as a protest against the elites using the fiat system to enrich themselves at the expense of the bottom 80%.

Almost nobody questions monetary system structure, even very, very smart people.

— number10fancy (@number10fancy) October 1, 2024

Fiat will get terminated by the monetary reset, whether some governments like it or not. Governments will then on require taxes to be paid in metal-backed currency.

There’s no uncoupling so long as the Govt demands taxes are paid in fiat currency. If they forget that is what ties us to that system, then there’s a possibility.

— Mick 277 (@n2779510) October 1, 2024