The value of any currency is the strength of its economy.
Ironically (or NOT) we have our economic model from Rome, the greatest empire ever created.
It was called The Pax Romana…the golden age of increased and sustained Roman imperialism, relative peace and order, prosperous stability, hegemonic power, and regional expansion.
And it was achieved by everyone benefiting in their economic relations.
Unfortunately, history repeats, because human nature never changes.
Case in point:
The US Dollar has been the Reserve Currency since WW2 and it’s because everyone wanted to sell their products to American consumers.
History shows us how the Pax Romana was successful because all the conquered lands found it was beneficial to be part of the empire.
It made sense because they could sell their products – hence free trade.
And up until recently, world peace was created by allowing free trade as the Romans did.
As a result, people would oppose any local politician preaching war.
Why?
It would cut off their income.
We were on the verge of world peace before COVID-19, when everyone participated in the world economy.
Today that has all been destroyed. Peace is no longer fashionable – hatred and war now define world leaders.
And, sad to say, this is a lesson our Politicians Must Learn.
The Neocons in America – Europe – Russia – China
are the real the enemies of the people.
Why?
Because war is never created by the people – only by the elites in power along with the Banksters.
Value of Currency
Needless to say, inflation destroys the value of any and every currency.
As a result, it takes down the economy as well.
And in the process you have uncontrolled and reckless government spending adding gasoline to the fire.
Milton Friedman probably described it best when he said:
“Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax … If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or in the form of borrowing. The thing you should keep your eye on is what government spends, and the real problem is to hold down government spending as a fraction of our income, and if you do that, you can stop worrying about the debt.”
Ironically (or NOT) The Pax Romana met its demise in the same fashion as we are witnessing today in America.
Economic problems, along with endless wars, political corruption, and the largest military in the world opened Rome to the flood of immigrants.
Sounding familiar?
The rest, as they say, is history.
Learn from history and how to prosper AND thrive in Turbulent Times by reading “Investments to Own During World War 3” in our March newsletter being released later today (HERE).
Share this with a friend…even if they never heard of Pax Romana.
They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
************************************
|
You are receiving this email because you opted in via our website.
More Stories
Sunday Funnies, If You’re Not Offended…
Saturday Rant…The Many Grinches
Climate Change…the Cover for Default