The Unification of Global Currencies

Currency Unification

Something that we often reference in context with the GER (Global Economic Reset) is the concept of the unification or consolidation of currencies. That is to say that at present, there are a myriad of "fiat" (non asset backed" currencies) around the world. These currencies are all "valued" differently in that each has different "purchasing power" relative to the other. This should be quite elementary for those that are familiar with the global FOREX market. Profits in the FOREX market are made by exploiting the different "valuations" of global fiat currencies compared to other global fiat currencies. While this may seem like an easy way to make money (especially if one has proper information), the reality of the situation is that what we have seen with Evolution 4.0 is a distinct trend towards to the complete consolidation of global currencies. Ergo why we often mention currency consolidation in conjunction with the global economic reset (formerly known as the global currency reset).

Firstly, to understand why currency consolidation would be advantageous, on need only look at two important factors. One: National unrest, wars, and other non-species-centric events have often been the result of the variations in the valuations of global fiat currencies. The ironic thing being that they are all "equally worthless" to quote Gunnery Sergent Hartman of Full Metal Jacket. At present, all global currencies have no tangible asset backing meaning that the only thing that provides "valuation" in terms of "money" is the "full faith and credit" of the issuing bank or the "scarcity" of said currency. Let us also remember that despite lots of complex economic jargon, the reality of the situation is that "central banks" that are largely responsible for the global economic debacle that the world is in right now, can only do two things; One of which is print money (as seen recently by the Draghi approach to ECB "stimulus"), and the other is control the "price" of money vis a vis interest rates. Any Federal Reserve monetary policies, ECB (European Central Bank), BOJ (Bank of Japan) (amongst others) polcies are is some variation of those two possible options. Print money (economic "stimulus" with the side effect of inflation), or make money more expensive / less expensive by way of interest rates.

Now then, doing so with a single currency (using the two techniques mentioned above) is eventually going to lead to the implosion or devaluation of said currency (as an example, the US dollar). Doing so in an environment of multiple currencies (USD / EUD / JPY) amongst others, is going to lead to that implosion far faster. That is exactly what is happening now in terms of global economics. In order to remain "viable" in global economics, nations have taken to intentionally manipulating the valuations of their own currencies to manipulate trade policy. Those who have been listening to trump often reference the fact that manufacturing nations often "devalue their currency" would realize that he is 100 percent correct in that observation. What many nations have taken to doing (specifically China, Japan, and even India to some extent), is intentionally devaluing their currency to make those with artificially strong currencies (the US dollar) want to do additional business with them. In other words, those nations that have intentionally devalued their currencies have leveraged something that we often (and correctly) call "purchasing power" in their favor. This is not theory. Yours truly, who worked in international luxury yacht sales for over a decade saw those seeking to purchase million plus dollar yachts exploit currency variations in EUD/USD (sometimes only a few cents) to get the best deal possible. In other words, it was effectively "double coupon day". Even with the VAT / import taxes they would have to pay, the difference in the USD to the EUD made the purchase a very advantageous deal. I will say first hand that I have exported luxury yachts to almost every nation in the EU from 2001 to 2008 and the principal is the same as manufacturing nations seeking to exploit modern currency differentiations.

In terms of "is it legal" the answer is yes. Is it ethical? We are also going to say yes. Remember, the very same nation whose leading candidate is complaining about the exploitation of currency differentiations globally also took advantage of those differentiations many times as a businessman. Therefore, if nothing else he understands the how, whats and why. Ironically, the united states has long been a leader in exploiting its own currency valuation as a means of dictating trade policy. The Chinese on the other hand figured out (at a very simplistic level) how to exploit the exploit so to speak. Though there is a side effect of all these various currencies existing at various (and often volatile) valuation rates. Currencies become more of a way to enact global trade policy than they do as "money" or a "means of economic exchange". Therein as they say, lies the problem.

In using currencies to enact trade policy, the viability of the currencies to function as a means of economic transaction (money) is dramatically diminished. Side effects such as devaluation and inflation / hyperinflation then become inevitable. That is to say that currency manipulation is a short term solution that ultimately creates a longer term problem. Hence the term "race to the bottom" is often used to describe modern monetary policy, accurately so we might add. Another side effect of currency manipulation is that goods and services do not adjust to the valuation of currencies, rather currencies adjust to the valuation of goods and services. Once again, a short term solution that creates a far longer term problem. A myriad of economic instability problems can be credited to the now glaringly obviously attempts at currency manipulation. Therefore, in true Evolution Consulting fashion, we ask... how do we solve such economic conundrums. Oddly enough, with the same often simplistic approach that various central banks do. Currency unification.

Firstly, those who choose to believe any variety of judeo christian type scripture, please leave this site now. What we are about to describe is going to likely cause fits of hysteria and possibly an aneurysm. The solution to economic (currency AND trade) instability is ultimately a unified, one world system of economics. Yes, the feared and dreaded one world system that most "believers" have been conditioned to see as "the worst thing imaginable" is actually the ultimate solution to the worlds economic instability. True fact. Given the amount of global business that is being done now, to maximize productivity and economic stability there is no reason that the world should not function on a one world (or drastically consolidated) currency system. Gone would be the need for central bankers and various balkinized / regionalized monetary policy and gone would be the temptation for nations to manipulate their own currencies in the name of advantageous trade. In other words, effectively instant world financial stability. A return to pragmatic and production based, long term sustainable economics.

Oddly enough, based upon Evolution 4.0, that is exactly what is happening with the charge being led by the BRICS nations and their propensity to want to use metals as a tangible means in which to settle international trade. We will go on record here saying that perhaps the most desirable effect of the Global Economic Reset is going to be the complete (or near complete) unification of global currencies. Furthermore we will go on record as saying that said global currency system is in fact going to be tangible asset / metals backed. We have some (but not entirely conclusive) information suggesting that other desirable resources may also be used to back a global currency, though at the very least metals (gold and silver), are going to be king. In addition to providing near instant world economic stability, another desirable effect of such a one world currency system is going to be a currency that is able to keep up with the speed of information / speed of business in the 21st century. The processing and handling of transactions will be far more streamlined without the need for currency "conversions". Incidentally, there will also be no need for various central banks and other financial entities to charge for the exchange of said currencies. In other words, a one world system is the natural evolution of economics. It also stands to reason that a lot of the issues associated with inventory glut, supply shortage, in terms of commodities will be rectified also.

Of course those that are familiar with the concept of monetary exchange will realize that what we are talking about is "purchasing power". While we have only discussed the elementary level of "currency unification" in this commentary piece, we do encourage our readers to purchase the "metals investing pod-cast" located on our pod-cast page. One of the reasons that we have been so adamant about metals investing is because of the "purchasing power" of metals during and immediately after the Global Economic Reset. For those that have been doubting as to if the global economic reset is "going to happen or not" need only look to the recent actions by the ECB for verification. Folks, to put it plainly: Its not "if"... Its "when". And the when (as we have foretasted many times already) is either the third or fourth fiscal quarter of 2017.

Note: In the Feb-Mar edition of Wirehaus, we have delved into executive detail as to the mechanics of a GER as well as what the "leveraged buyout" (LBO) of the united states might look like post GER. We even discuss some of the social architecture / social engineering components of the GER and why some of the side effects of the GER may be seen as desirable.

Also, for those that would like more information as to the mechanics of the global economic reset, we encourage you to download the "GER Explained 2016" pod-cast also located on our pod-cast page.