Bretton Woods

The Dollar As Global Reserve Currency is Wobbling Precariously

Posted on by Helena

World Economic Forum:  “Central banks are diversifying their currency reserves, and the development of alternative payment corridors that reduce dependencies on the US dollar are expanding.  Recent analysis by the World Economic Forum estimates that heightened fragmentation could reduce global GDP by up to $5.7 trillion, while also stoking inflation.”

As the Global Reserve Currency, the dollar dominance is directly correlated to perceived safety and security of the government, and the economy in relation to other dominant economies.  Alternative currencies at this stage are not a threat, however, Trump’s Tariffs and Warring have created a wobble.  A wobble in earth’s rotation creates fragmentation, a wobble in the global financial system can create a collapse. 

The wobble began when the Trump Tariffs were announced fracturing global trade and causing China’s yuan to gain some dominance.  While Bitcoin isn’t tied to a country or government, it too gained traction in 2025 in response to Trump’s rhetoric and escalating flip-flops leading to his now rather psychotic behavior.  Trump’s posturing on Iran gave even more traction to China and the wobbling became more frenetic.  The US market is not an indicater of much of anything any longer, as finances are shared between BlackRock, Vanguard and State Street.  Leaving the stage empty except for a single podium and a monologue of pitiful LIES.  Anyone…. Anyone…?

The only country with the courage to mock this hideous Play and give it an F Rating, has been Iran.  The three countries hedging against the dollar include China, Russia and Turkey who have been steadily buying gold in anticipation of a dollar and/or America collapse.  Since 1970, the dollar as a global foreign exchange reserve had dropped by a third before the policies of Trump and the War. 

IF gold became the new reserve currency, America would be forced to reveal the contents of Fort Knox.  The last audit was around 1974 and was considered rather inane given it was simply an invitation for some congressional members to view the vaults.  The last full audit was in 1953 under Eisenhower.  If in fact the vaults are severely depleted as many believe, should gold become the new reserve currency, America is farked.  In July 2025, France requested the return of its $15 billion gold reserves from the US.  It took until January 2026 for the US to comply.

If the dollar lost its place on the throne, America would likely face significantly higher borrowing costs, forcing a choice between tax hikes, debt restructuring, or severe austerity measures.  True inflation would be catastrophic.  As everything that was – is no longer, and the shroud of lies would be forced to speak truth.  A tumbling instead of a wobble.  Something like the collapse of the Soviet Union.   One rather interesting shift would be the removal of economic sanctions with which the US is so gloriously generous.

Currently, over 30 countries and 13,000 individuals are sanctioned by America.  In addition, some 500 entities are sanctioned for human rights offenses and abuses.  That leverage would disappear.  Spain has become the latest country to be expelled from trade by Trump.  These sanctions ride piggy-back on who is holding the golden rod of Global Reserve Currency. 

In 1944 The Bretton Woods system was adopted in which America was appointed the holder of the global currency status because the US controlled two thirds of the global gold.  In 1971, Nixon ended the convertibility of the US dollar to gold and effectively ended the Bretton Woods Agreement.  Thus, the dollar was now simple fiat currency – it’s only backing a pinky swear promise creating floating exchange rates.   Nixon instituted this fiat system to halt a run on U.S. gold reserves by foreign nations, combat inflation, and prevent economic collapse. Massive foreign debt, trade deficits, and high costs from the Vietnam War had crumbled America’s economy.

At the time of Nixon’s decision, the US debt to GDP was 35%, and the DoD budget was $72 billion.  Today the debt to GDP is 125% and likely to grow significantly as the Iran War costs, Venezuela conflict costs, Israeli military costs, and tariffs blow the economy apart, while the Dod Budget is well over $1 Trillion.  Adjusted for inflation, the 1971 Dod $72 Billion budget would be worth roughly $590 Billion or about half the true budget imposed today.

Statistically the numbers are completely out of whack!  Today 60% of the global gold (assuming America isn’t lying) is held by the US, Germany, France, Russia, China, Japan, and Italy.  Not only has the US lost its ranking in GDP and DoD Spending, it no longer has the right to exalt holding 66% of the world’s gold for which status as the ‘Global Currency Reserve’ was framed.  Thus, we are listing heavily on perceptions, illusions, and crystal ball estimations.

BRICS accelerated the use of alternate currencies as did the era of Bitcoin et al.  The Iran war will further this evolution and central banks will sell off treasuries to balance their portfolio risks.  China, Brazil, India, Japan, Sweden and Denmark are selling treasuries while increasing their holding in gold.  The slow reorganization of world powers is gaining significant traction.  IF Trump was pro-America, this would be his focus.  Instead, Trump is literally doing the exact opposite …

Keynesian Economics: Scrapped By Bretton Woods Conference

Posted on by Helena

When did Economists become the soup de jeur?    When I was in college, the mantra was that if an economist ‘predicted’ anything, do the exact opposite.  Somehow, they gained superior status from what was initially considered a ‘philosophy’, much like science.  It would seem that status was created by the Bretton Woods Conference which led to the creation of the IMF and World Bank. 

While John Maynard Keynes was behind the initial outline as presented by the British, at the last minute Harry Dexter White was given the go ahead by the US as the architect of Bretton Woods.  White worked in the US Treasury beneath Treasury Secretary Henry Morgenthau, Jr.  who played a pivotal role in financing the US incursion into WWII with ‘debt’ by claiming if the US did not intervene, we were complicit.   

Morgenthau came from a prominent German Jewish family. However, Morgenthau Jr. dropped out of high school, worked on a tree farm – and yet was appointed to one of the most prestigious and highest offices in the US Government as the first American Jewish Secretary of Treasury.  Morgenthau’s wife Elinor was from the wealthy banking Lehman family.  Both FDR and Morgenthau were also Free Masons.

Forming the new program Social Security, Morgenthau called it a tax.  A means for the government to hustle more money from the working class in order to maintain – a peasant status.  Simultaneously, he used his clout to use these Taxpayer Funds to create various Jewish organizations and open refugee status for more than 200,000 to immigrate to the US.  It is notable that most, if not all Jewish organizations ONLY allow Jews top participate.

It is also notable that the Department of Defense currently renamed the Department of War was the name initially given by Democrat New Deal – FDR & Morgenthau.   FDR apparently made no decisions without the advice and guidance of his new best friend. 

Truman was not nearly as accommodating of Morgenthau as FDR stating, “He’s a “block head, nut” who “didn’t know shit from apple butter.”  Given Truman’s disdain for the Jewish population, he was otherwise ‘somehow convinced’ to partition Palestine on behalf of the Zionist organization founded by Chaim Weizmann. Based on Truman’s diary, it appears his outward support of Jewish Zionism was not his inward thoughts or feelings, leading to the theory that the Epstein ideology was implemented well before Epstein.

The first Chief Economist at the newly formed IMF was Edward Bernstein (Jewish) – deputy to Harry White.  And thus the government infiltration was enacted as early as 1945. Many of today’s economists have stated that had America acquiesced o Keynes, the devaluation of the dollar would not have taken place.  As such, the Morgenthau declaration has taken the dollar value down to a mere 3cents.  Bankrupting Americans – and America.  A Protocol.

Economists in general produce research and teach.  The IMF employs over 100 economists, the Federal Reserve Board employs 400 and a total of roughly 4500 are employed by federal, state and local governments, while over 25,000 teach.  Jerome Powell is a lawyer.  He worked as a lawyer for less than four years before moving to UBS where he concentrated on finance – having no education in ‘finance” or “economics”.

While Trump’s visit to the UK was highlighted for its pomp and Royalty, the banquet dinner was nothing less than a whose who of every billionaire including;  Microsoft CEO, Palantir, Murdoch, Tim Cook of Apple, Blackstone, Altman, Sachs, Google, Witkoff, Nvidia, etc… embracing 160 guests at one table.   What this meeting was NOT about was the US and UK economies.  It was not about benefiting Americans…

It was about billionaires making more billions and how The Club can sway the outcome through various deals aimed at growing their margins and profits.  So what is this grand Tech deal?  Specific details of the Tech Prosperity Deal are sparse, but officials said that the plan will invest in the development of 12 advanced nuclear reactors and that energy will go toward supplying energy needs for the U.K. The value of The deal is stated to be U.S. $350 billion, which is expected to generate 15,000 jobs across the U.K. and up to 2,500 or less – jobs in the U.S.   The time frame is decades.

The economic impact on Americans?  $0.

Americans continue to fund the bulk of Israel’s GDP, healthcare, military industrial complex, African Wars including, Somalia, Sudan, Nigeria, etc… and their welfare program which funds some 35% of Israelis.  This is where our tax dollars go.  Israel is living the guaranteed income and free social programs as espoused by the World Economic Forum – at the behest of American Taxpayers.  For which there is no benefit to us.  Only higher BILLS.

This American Economy of slave labor is the bastard child of the bankers who created our Economic System out of the Protocols for the demise of America while we watched.

US Dollar Losing Reserve Currency Status – amidst devaluation

Posted on by Helena

The IMF recognizes eight major currencies: US dollar, Australian dollar, Canadian dollar, British pound, Chinese renminbi, Japanese yen, the euro, and the Swiss franc   All other currencies are measured against these to determine valuation.   The measurement is an illusion because its very means of measurement is flawed.   Historically the currency was based on its value as a commodity metal – today it is based on valueless paper that is backed by debt.

The US dollar is considered the dominant measurement for all other currencies. This allows the US to borrow at lower costs – given a ‘safe-haven’ clause.   The safe-haven clause states that determining factors include:   stability, reliability, level of corruption, long term, purchasing power, and – politics.

IF the US dollar was stable, reliable and secure then the dollar should be worth more than a dollar since the introduction of the Federal Reserve. Instead the dollar is now pegged at a value of 4cents since 1930.

There are multiple complications with these meandering valuations, including the fact that the Euro’s existence didn’t begin until 1983… therefore the maximum length of analysis begins at that point.   Today, the Euro is stronger than the dollar.   The Swiss Franc is stronger than the dollar.   The Japanese Yen and China’s Yuan are significantly weak against the dollar.  So why would weak currencies be tagged by the IMF as dominant reserves?

These monetary exchange rates really are rather arbitrary and insignificant because they don’t have any commodity value.   While the value of gold is highly manipulated and suppressed.   Why would western governments want to suppress the value of gold?   Because the western countries would be obligated to prove their reserves – reserves that have been depleted.   Canada sold all of its gold reserves some years ago.   Meaning the Canadian dollar is worthless.

This is why Russia, China, ASEAN nations, Saudi Arabia, UAE, and the BRICS want to return to the gold standard.   To bring back stability and a means to control federal debt.   IF global currencies are backed by a singular commodity the emotional devaluation and manipulations are removed.

In 1931, the British left the gold standard, and in 1932 the US followed suit.   The British government then increased their gold reserves on paper by 235% before diluting them to near zero today.   The vast majority of countries have been accumulating gold reserves since 1950 , including, Japan, India, France, Italy, Germany, etc…

What would be the point of a government to hoard gold reserves if gold is NOT tested against currency?  

In 1979, the US share of global reserve currencies peaked at 85% until the Carter administration’s contrived  inflation dropped that percentage to 45% by 1991.   By 2022, it had rebounded somewhat to 59%,   Currency in circulation of the Euro between 2021 and 2023 decreased from its peak of 16 to -2 based on M1 Monetary Aggregates.   Simultaneously, debt for Europe since 2000 increased by 275% to $13.5 trillion while the US National Debt now stands at $32.7 trillion.

The supposed deficits triggering the collapse of gold backed currencies according to economists and ‘bankers’ were:  – 1) it caused inflation.   2.   It reduced currency in circulation.   3) It hampered growth. 4)   It is volatile.

  • According to Ben Bernanke: When the central bank fixes the dollar price of gold, rather than the price of goods we consume, fluctuations in the dollar price of goods replace fluctuations in the market price of gold.

The obvious glaring problem with this Bernanke evaluation is the idea that the US Central Banks FIX the value of gold.   Historical accounts present a different picture:

Between 1833 and 1919, gold remained stable at $18.93 to $18.99.   AFTER Bretton Woods and the Federal Reserve Banks began manipulating gold, the price began to rise.   By 1978 gold had risen 1000%.   By 2023, gold had risen another 1000%.

During the same relative time frame  – from 1930 to 2023, the value of the US dollar had disintegrated to just 4cents.

The main deterrent to the gold standard is that it puts checks and balances on the government continually raising the ‘debt limit’.   When gold backs the dollar the government cannot create more debt than the value of gold reserves.  

This presented a problem for the Cartel to invoke global control over currencies.

The economic contention that currencies fluctuate dynamically against other currencies on foreign exchange markets assumes there is no fraud, no corruption, no manipulation, no short selling, no Soros.

Inflation is a direct result of this unstable fiat currency that has a ‘product end point’ wherein money is worthless.

The common denominators?

The formation of The Federal Reserve monetary policy manipulations – and the elimination of a value backing – gold.   In exchange for the promotion of ‘fiat paper money’ that is based on credit. Monopoly Money!   Asserting a Great RESET to crypto credit via the World Economic Forum is reminiscent of the era of the Dustbowl wherein greedy farmers issued credit against wages earned – with an attached fee to convert the credit to commodities or cash.

Why?  

Because soon the dollar will enter negative territory as to its worth and debt will surpass $40 trillion as interest balloons to $1.5 trillion.   America will be broke. And credit based production will involve even more emotional parameters – including religion, politics, race, gender, and whatever the Banking Cartel wants based on – “FEELINGS”.l