The Global Monetary System Has Devalued 47% Over The Last 10 Years

<p><a href="https://www. avi icke.com/wp-co te t/ ploa s/2016/05/pri ti g-mo ey-1078×516.jpg" rel="attachme t wp-att-372980"><img class="size-f ll wp-image-372980" src="https://www. avi icke.com/wp-co te t/ ploa s/2016/05/pri ti g-mo ey-1078×516.jpg" alt="Pri ti g US ollar ba k otes" wi th="1078" height="516" srcset="https://www. avi icke.com/wp-co te t/ ploa s/2016/05/pri ti g-mo ey-1078×516-300×144.jpg 300w, https://www. avi icke.com/wp-co te t/ ploa s/2016/05/pri ti g-mo ey-1078×516-768×368.jpg 768w, https://www. avi icke.com/wp-co te t/ ploa s/2016/05/pri ti g-mo ey-1078×516-1024×490.jpg 1024w, https://www. avi icke.com/wp-co te t/ ploa s/2016/05/pri ti g-mo ey-1078×516.jpg 1078w" sizes="(max-wi th: 709px) 85vw, (max-wi th: 909px) 67vw, (max-wi th: 1362px) 62vw, 840px" /></a></p>
<p>‘We have arg e the i evitability of Fe -a mi istere hyperi flatio , prompte by a global slow ow a its egative impact o the ability to service a repay systemic ebt. O e of the most politically expe ie t ave es policy makers co l take wo l be to i flate the ebt away i real terms thro gh coor i ate c rre cy eval atio s agai st gol , the o ly mo etize-able asset o most ce tral ba k bala ce sheets. To o so they wo l create ew base mo ey with which to p rchase gol at pre-arra ge fixe excha ge prices, which wo l raise the ge eral price levels i their c rre cies a across the worl to levels that imi ish the relative b r e of ebt repayme t (while ot sacrifici g ebt cove a ts).</p>
<p>The o s of this occ rri g seem to have rise , j gi g by the gol prices. Table 1 looks at gol performa ce over o e, five a te years i terms of the fiftee c rre cies represe ti g the fiftee largest eco omies (abo t 77% of global GDP). The bol fig res at the bottom show gol ’s performa ce weighte for GDP.’</p>
<p><a href="http://www.zerohe ge.com/ ews/2016-05-24/global-mo etary-system-has- eval e -47-over-last-10-years" target="_bla k">Rea more: The Global Mo etary System Has Deval e 47% Over The Last 10 Years</a></p>