GOLDBUG: And, the Decline of the (American) Empire began … …

https://dailyreckoning.com/dec-23-1913/

Dec. 23, 1913  — “I’ll do the deed first,” said the president of the United States, Woodrow Wilson. “And then I’ll have something to say.”

By Byron King  — May 13, 2023

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The Dollar’s Lost 99% of Its Value Since 1913

And as the U.S. monetary system stood, this is how things were established on Christmas Eve, 1913, when President Wilson used four gold pens to sign a new law to create a central bank for the U.S., and to help U.S. business better function in a world still working on a classical gold standard.

Now, not quite 110 years later and in no small measure due to long-term efforts of the Federal Reserve, that old $20 American gold coin is worth nearly $2,000 just for the precious metal, let alone the scarcity premium and markup for whatever value may come with numismatic rarity.

In other words, do the math here: Over the past century and one decade, the value of a dollar has declined by 99% if you use gold as the basis for comparison.

Looking ahead, where do things go? Well, we could discuss it all day.

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Penny candy, the nickel cigar, the dime store novel, and three silver dime gas  — all represent the counterfeiting of the dollar.

The Dead Old White Guys knew the result of paper money.  They had seen France descend into “democratic” chaos as the franc went from a gold hockey puck to thin shirt button.  

The rich got richer until the mob chopped off their heads.

Is the USA heading for the same fate?

IDK but at best it might dissolve just like the Soviet Union.  

Hopefully, the ₿itcoin or gold might save us from chaos.

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GOVEROTRAGEOUS: Seymour Hersh puts the Nordstram bombing clearly on the USA Gooferment’s doorstep

https://seymourhersh.substack.com/p/how-america-took-out-the-nord-stream

How America Took Out The Nord Stream Pipeline

  • The New York Times called it a “mystery,” but the United States executed a covert sea operation that was kept secret—until now

Seymour Hersh
Feb 8

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Last June, the Navy divers, operating under the cover of a widely publicized mid-summer NATO exercise known as BALTOPS 22, planted the remotely triggered explosives that, three months later, destroyed three of the four Nord Stream pipelines, according to a source with direct knowledge of the operational planning.

Two of the pipelines, which were known collectively as Nord Stream 1, had been providing Germany and much of Western Europe with cheap Russian natural gas for more than a decade. A second pair of pipelines, called Nord Stream 2, had been built but were not yet operational. Now, with Russian troops massing on the Ukrainian border and the bloodiest war in Europe since 1945 looming, President Joseph Biden saw the pipelines as a vehicle for Vladimir Putin to weaponize natural gas for his political and territorial ambitions.

Asked for comment, Adrienne Watson, a White House spokesperson, said in an email, “This is false and complete fiction.” Tammy Thorp, a spokesperson for the Central Intelligence Agency, similarly wrote: “This claim is completely and utterly false.”

Biden’s decision to sabotage the pipelines came after more than nine months of highly secret back and forth debate inside Washington’s national security community about how to best achieve that goal. For much of that time, the issue was not whether to do the mission, but how to get it done with no overt clue as to who was responsible.

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https://art19.com/shows/d0ab5d6f-1972-4441-b3f8-6b61d09f7f15/embed?playlist_type=playlist&playlist_size=10#

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Dave Smith called this as suspect when it first happened.  Using “cut bono” logic, the USA Gooferment had “the means, motive, and opportunity”.   Putin, Russia, and Germany have no motive.

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Dave Smith seems to ignore that Russia’s Ukraine conflict would expose the many nil-abs that are reportedly funded by the US Gooferment.  

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But for a comedian, he’s certainly on point with his analysis of the evil actions of the US Gooferment