Dan Oliver says that when China's
monetary system collapses a gold - backed monetary system could emerge for China, Russia and New Silk Road partners.
Not exact matches
Mauldin is no extremist; he doesn't expect the global
monetary system to
collapse.
He will explain why the current stock and bond market bubbles are approaching a dramatic implosion and why the next stock and bond market crash may end up
collapsing the existing
monetary system.
The Federal Reserve is targeting stock prices with it's
monetary policy because, if it did not, the financial
system would
collapse led by
collapsing pension funds and the housing market.
Specifically, their identification of two main problems of that period — overly tight
monetary policy and allowing the
collapse of the banking
system — were instructive in the current environment.
Some suggest that the international
monetary system of western capitalism may suffer the same sudden
collapse as state socialism did in Russia and its satellite countries.
Should the global
monetary system ever
collapse and hyperbitcoinization occur at scale, there will be more than enough bitcoins to go around.