King River Resources Ltd T.KRR.W

The forex freakshow

[Symbiotic]

All forex currencies are a fiat freakshow trying to pass the hot potatoes (inflation etc) to other chumps in the game. The freakiest of the freaks lasts the longest but doesn't and can't win long term. War is just the ultimate tantrum of the delusional believing themselves entitled and falsely so. A gold backed is an attempt to leave the derivative realm with a lesser or cleaner derivative. If one gold backs but remains a forex the greatest printer could buy their currency and exchange it for their gold assuming exchangeablility. Only a sovereign can mitigate against such pillage. The ultimate sovereign is the individual but it works back towards independent "countries " from the situation prevalent. The attempts at gold backing are not inspite of the BRICS, it's a precondition to qualify. Fiats would not be long term tolerated other than for an adjustment period where they would end themselves as practice. It is a bit complex as it isn't as present as what is current but as what might come to be by necessity. That doesn't sit well with the content in the heads of those in peak redundancy.