We are in a trade war, they’re just proclaiming it’s not.
Global trade has now turned into global currency manipulation – a fake, GDP juicing tactic to hype the indicators. And the secret “free trade” deals amount to war-like deceptions, more non-market based manipulative solutions.
The leftists swore only protectionism would spawn a trade war. Now we have indirect, non-market based manipulation to gain an upper hand. This is not capitalism, this is competing con men.
But why is it a “true” trade war, you ask?
It is a trade war because the “warring” economies are all printing money to “stimulate” their economies. However, printing money is a common scheme used against enemies during war: Counterfeit their money. So without plainspoken, plausible proof – which does not exist – it cannot possibly be good to print fake money to ruin an enemy, and print fake money at home expecting the opposite result.
If the competing economies are employing fake money, they are either intent on destroying an enemy, or deceptive, short term gain. Fake money has always crashed every society that tries it. That’s why Keynes said:
“Lenin was right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”
Keynes was right, for once.
John D. Lofgren @ Junto Club: www.atlasShouts.com
Author of “Atlas Shouts” the #2 rated money book on Amazon:
Atlas Shouts, The Movie: https://www.youtube.com/watch?v=yrPgka9SBJ4