Yesterday, Shawn wrote about how BRICS is putting in motion a plan to devalue our American dollar… This isn’t new; the idea and Shawn are right. But I say “bring it BRICS,” because we’re not going to give up without a very long and hard fight.
I say fight, but this is MORE than a fight. BRICS is declaring all-out war on the American dollar…
And while this isn’t quite the assassination of the Archduke of Austria that started World War I – there is an assault underway upon the American dollar unlike any we’ve experienced before.
Let’s just say for a moment that BRICS is successful…
Maybe the current Administration feels like it’s a good idea and steamrolls us into giving in towards BRICS.
What does that mean?
Well for starters, we’ve seen inflation already in the form of government money printing and that has taken its toll on every single American across the country.
That being said, we think we know inflation, but the reality is, we don’t. If the American dollar is taken away as the heavyweight number one currency, the dollar will devalue quicker than you can say “oh sh**”.
Gas…
Oil…
Silver…
Gold…
Orange Juice…
Coffee… etc.
They will all spike to prices never imagined. We think living with $3.50 gas is difficult – wait for $6 and $7 as a starting point.
Now, it’s not just at the gas tank where we’re feeling the wallet get pinched – it’s also at the grocery store…
We’ve spoken in some detail about beef prices this summer and how they’ve gone up because of droughts and viruses running amuck. I can assure you that a simple cut of chuck will be priced the same as fillet mignon.
Folks, with a devalued dollar and high inflation – everything gets affected.
One of the best analogies I have used for devaluation of the dollar is to pretend the dollar is a chunk of gold the size of a softball. Each time the government prints money a small chunk of that dollar is chipped away and replaced with gold colored lead.
Eventually, as the printing continues and the dollar falls further and further, more and more chips are cut out and replaced. What you have left is a round ball of gold colored lead. It feels like gold, it looks like gold but it’s not worth anything at all. It’s useless as a paperweight.
But what’s most important now is fighting back…
We need a plan that’s ready to affect to counteract what BRICS has in store for the new global economy.
The answer to that may be simple sanctions…
Take back what we’ve given these countries to begin with – namely our business. Because what good would their new currency be without goods to sell?
Bringing back good production to the U.S. could be an excellent place to start. Sure, we’ll pay more money, as American workers aren’t cheap…
But compared to the kind of inflation we could be looking at if BRICS is successful – it’s the veritable drop in the bucket.
The minute many of these giant corporations start seeing a dip in their profit margins they’ll work hard and fast to stop the bleeding…
If that means setting up shop back in the U.S or moving manufacturing to a non-BRICS country – they’ll do it faster than you can say, “do svidaniya”.
Make no mistake – a war is coming.
The only question is – when the first shot will be fired…