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RE: Oil Producers Turning To Crypto To Solve Sanctions Problems

in #bitcoin7 years ago

A lot of factors are in place for further dip in the dollar. The only thing that keeps it afloat is the possible increase in Federal funds rate, which essentially means that the rates will increase, which strenghtens the dollar.

If a currency like the dollar fails, we might see some devastating economic crisis, which I think is inevitable. So much printing and greed cannot be sustainable model.

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It has been a sustained model for 100 years...that is the scary thing.

The banksters seem to have the ability to keep the raping and pillaging going.

10 years ago, they brought the world economy to its knees and bankrupted themselves...yet the political hacks in office bailed them out. This is the system we live in. As long as their is any wealth in the world, which there is, and they can put their hands on it through government confiscation, the charade can continue.

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