Submitted by Anonymous<\/p>\n
There was great confidence in the US Dollar as the World Reserve Currency, from the Bretton Woods Conference in 1944 until August 15, 1971.\u00a0 This is when Henry Kissinger advised President Richard Nixon to sever the link of our currency tied to gold, which acted as the collateral and supported the currency\u2019s value.\u00a0 When President Nixon, \u201cclosed the gold window,\u201d <\/em> other nations could no longer exchange their dollars for gold; essentially, he reneged on the Bretton Woods Agreement.<\/p>\n Two years later in 1973, by necessity, Henry Kissinger had to negotiate a new form of collateral to back the World Reserve Currency; this became known as the Petro Dollar.\u00a0 The US provided Saudi Arabia with military protection and Saudi Arabia agreed to sell oil exclusively denominated in US Dollars.\u00a0 Therefore, other nations had to convert their currencies into dollars, often at a loss in exchange rates; then purchase oil in US Dollars.\u00a0 Saudi Arabia\u2019s further obligation was to purchase our Treasury Bonds with their Petro Dollar revenue sales from oil.<\/p>\n Government actions, monetary policies and fiscal spending all coalesce with the law of economics and lend clarity as to why housing has become such a highly valued tangible asset; most notably since 1971.\u00a0 According to the Federal Reserve\u2019s Economic Data<\/a> the median sale price of a house in August of 1971 was $25,300, while today it is $416,100 or an increase of over 1500%.\u00a0 This is more accurately described as the loss in the purchasing power of our fiat currency, which falls against the value of all tangible assets when the collateral is removed and the M2 money supply is increased.\u00a0 Real median household income has not kept pace, as it has only risen 32%, over the same approximate period.<\/p>\n Fast forward to today, in 2023 or fifty years later, we are now experiencing the slow demise of the Petro Dollar system under the policies of our current administration.\u00a0 When Biden\u2019s energy policy is coupled with the weight of our thirty two trillion dollar debt<\/a>\u00a0\u00a0 it, once again, undermines the faith and confidence in our fiat currency.\u00a0 There is diminishing collateral supporting the US World Reserve Currency; yet, the difference today is many alliances have already been formed among BRICS nations: Brazil, Russia, India, China, and South Africa, to trade oil and other essential commodities outside of the US World Reserve Currency system.\u00a0 Actions have consequences.<\/p>\n We might be tempted to write these poor decisions off, as happenstance or a political blunder; however, a prediction was made in 1969: \u201cHome Ownership A Thing Of The Past.\u201d\u00a0 <\/a><\/em>\u00a0An eerie ring of truth has followed this prediction over the past fifty years; it is worthy of our consideration.\u00a0 The quote below is from Dr. Lawrence Dunegan, which was recorded in a 4-hour long interview in 1988.\u00a0 The information quoted was from his hand written notes and recollections of a lecture he attended for Pediatric Physicians in 1969. The lecture was given by Dr. Richard Day, a professor and physician with an interest in population control, as medical director of planned-parenthood.<\/p>\n \u201cPrivately owned housing would become a thing of the past.\u00a0 The cost of housing and financing housing would gradually be made so high that most people couldn\u2019t afford it.\u00a0 People who already owned their houses would be allowed to keep them but as years go by it would be more and more difficult for young people to buy a house.\u00a0 Young people would more and more become renters, particularly in apartments or condominiums.\u00a0 More and more unsold houses would stand vacant.\u00a0 People just couldn\u2019t buy them. But the cost of housing would not come down.\u00a0 You\u2019d right away think, well the vacant house, the price would come down, the people would buy it.\u00a0 But there was some statement to the effect that the price would be held high even though there were many available so that free market places would not operate.\u00a0 People would not be able to buy these and gradually more and more of the population would be forced into small apartments.\u201d\u00a0 \u00a0<\/em>\u00a0<\/em><\/p>\n Towns, municipalities, and cities across the United States are all diligently trying to solve the same critical problem: a lack of affordable housing.\u00a0 If you acknowledge this is a national problem, it would be instructive to review federal policies that have contributed to this dire outcome, as well as the impact that fiscal and monetary policies play in exacerbating the problem today.<\/p>\n If we examine the Environmental, Social, Governance (ESG) movement, which is on track to exceed $50 Trillion in assets under management by the year 2025, we will find Blackrock, State Street, and Vanguard lobbyists are leading the parade to extract wealth by commoditizing natural resources, under the guise of saving the environment.\u00a0 The following is one such example.\u00a0 \u201cA stealth effort to bury wood for carbon removal has just raised millions,\u201d <\/em>as reported in the December 2022 issue of MIT Technology Review.<\/a>\u00a0 \u00a0<\/em><\/p>\n Kodama Systems is a forest management company in Sonora Nevada which has just raised $6.6 million from the Bill Gate\u2019s Breakthrough Energy Ventures Fund.\u00a0 The mission is: \u201cto clear timber and bury it underground in a vault in Sierra Nevada.\u201d<\/em>\u00a0 The explanation is: \u201ctrees are naturally efficient at sucking down vast amounts of carbon dioxide from the air, but they release the carbon again when they die and rot on the ground. \u00a0Sequestering trees underground in a vault could prevent this.\u201d\u00a0\u00a0\u00a0 <\/em><\/p>\n While a rational person might think the disadvantages clearly outweigh the advantages: such as, trees give off oxygen and we need oxygen to breathe and to sustain life.\u00a0 Timber is an important resource: we need lumber to build houses and we need more affordable housing.\u00a0 Therefore; burying timber might not serve humanity; in fact, it might become a detriment to society.\u00a0 Unfortunately; when $50 Trillion dollars is at stake in the ESG movement, we have to consider the possibility that rational thinking is not driving the decision making process; therefore, house prices may go up further, due to a scarcity of lumber.<\/p>\n Many people are led to believe this ESG movement is a new concept allocating carbon credits to individuals and businesses, when it had its origin during the great depression.\u00a0\u00a0 Technocracy Inc. Org<\/a> in the US was founded by Howard Scott in the 1933. It was a research organization, which promoted a radical restructuring of political, social, and economic life in the United States and Canada.\u00a0 Elon Musk\u2019s grandfather, Joshua Haldeman, was the leader of Technocracy Inc. in Canada<\/a>.\u00a0\u00a0 They were known for their steel grey suits and cars advocating an allocation of energy credits to replace currency.<\/p>\n Today it offers a futuristic look at how they intend to solve the housing crisis from: \u201cflat-pack modular neighborhoods\u201d to \u201c3-D printed houses.\u201d\u00a0 In reviewing their website, a person gets a glimpse into the ultimate solution: 15-minute futuristic cities.<\/p>\n The prediction in 1969, \u201cprivately owned housing would become a thing of the past;\u201d <\/em>today, is best described by Ida Auken, a young global leader from the World Economic Forum, in her essay from 2016:\u00a0 \u201cWelcome to 2030. I own nothing, have no privacy, and life has never been better.\u201d<\/a><\/p>\n \u200b******************************************************************<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-186590","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/186590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=186590"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/186590\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=186590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=186590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=186590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}