This is something we have been talking about what seems like forever. The move away from the dollar. It was always a matter of when rather than if and unfortunately we’ve reached the point now where the majority of transactions between these two growing economic powers is done away from the $USDollar. This has many, MANY implications for all Americans and anyone else who uses the $USD as their primary means of storing wealth.

This move also explains the embracing of Knapp’s modern monetary theory that was soft-introduced back in 2018. We wrote an extensive paper on MMT and we’re posting this again below for anyone who hasn’t read it. We will be releasing another commissioned paper by Labor Day. We’ll also be re-posting relevant articles that were written between 2006 and the present on precious metals, the dollar standard, bail-ins, and general relevant macroeconomic articles as well.

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Sutton/Mehl

Here is the paper on modern monetary theory – Read/Download here.