**"The Fed, knowingly or not, is basically in charge of the global financial system. They may shout, “We raise rates in the US to fight inflation, global consequences be damned!!” – But that’s a hell of a lot more difficult to follow when large G7 countries are in the early stages of a full blown currency crisis.The most serious implication is that the Fed is responsible for supplying dollars to everyone. When they raise rates, they trigger a margin call on the entire world." ****— Peruvian Bull**
****What happens when the world's third-largest economy faces the impossible trilemma? As central banks play a dangerous game of monetary policy, will the dominoes fall, triggering a worldwide economic meltdown? We dive into a great exploration from The Dollar Endgame, on what is happening in Japanese markets, why there was such a sharp drop in the Nikkei, and how the situation amounts to a decision between two great disasters: currency collapse, or economic collapse? Which Godzilla will they choose?
Check out the original article at Godzilla Returns) (Link: https://tinyurl.com/bdf4se5y)
Links to check out
Strong Towns: A Bottom-Up Revolution to Rebuild American Prosperity) (Link: https://www.strongtowns.org/strong-towns-book)
China's Hidden Banking Crisis) (Link: https://tinyurl.com/yc6wp386)
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**“For money as for all other activities of man, “liberty is the mother, not the daughter, of order.” ****― Murray N. Rothbard**