Our current monetary system is dying.
Through almost a decade of research, I have come to some frightening conclusions about the current financial system.
The global central banks are at a crossroads. After decades of zero-bound interest rates and Quantitative Easing, debt levels domestically and worldwide have reached critical levels. As the money printing bonanza of 2020 comes home to roost, dark feedback loops lurk under the waters of our economy, foreboding of a future of extreme inflation and financial devastation. The Ships of State, unmoored from the tethers of hard money and taxation, have wandered into a maelstrom that threatens to destroy the very currencies we base our economic lives on. We are now entering a place from which few fiat monies have ever returned from alive.
The Federal Reserve, the hegemon that runs the dollar-based global monetary system, is trapped in a black hole of its own design. They believe they can save themselves, and the system. The terrifying truth is that we are not close to the event horizon- we’re already past it. Only hard choices lie ahead.
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About the Author
Peruvian Bull is a Peruvian-American scholar, researcher, and educator hailing from the Pacific Northwest. Born and raised in Seattle, he attended a local university where he graduated Magna Cum Laude with degrees in Finance, Economics, and Entrepreneurship. He has studied also in South America and plans to complete a Master's degree at the London School of Economics. He currently works at a private equity fintech firm as an analyst and advisor for financial services.
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