Welcome to the end of Brenton Woods and the Washington Consensus that defined the world money systems around U.S. controlled institutions and the U.S. dollar as the sole reserve currency.I am perplexed by this and similar reports (see this and this), and most authors blithely see this as the end of the US dollar as the world's dominate currency. My surprise is compounded by such staunch American vassals as Britain, France, and Germany also joining the new financial institution organized by China. Because the US dollar is an integral part of maintaining US Empire rule, it doesn't make much sense. See if you can make sense out of it. I will await further commentaries from other financially well-informed people.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Tuesday, March 17, 2015
Towards The End Of The U.S. Dominated International Money System
Click here to access article by Bernhard from Moon of Alabama.