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The Bill Gates quote above says so much about our world today... 'treatment without prevention' seems to be the standard practise for dealing with the global economy. 🌍

The Petrodollar🛢💰 - The unit of currency earned by ANY country from the export of petroleum. A limited natural resource traded against an infinite money supply that is foreign currency to the majority of oil-exporting nations. This means that a fall in the dollar will cause a fall in the revenues earned by governments exporting oil.

A system like this allows for massive exploitation as the power of the petrodollar is used to enforce US foreign policy and activity. Some examples are the Opium fields in Afghanistan to fuel the infamous 'war on drugs' in the US 🌱, Cobalt mining in the Congo to acquire the materials we need for our mobile phones📱, and sweatshop factories across Asia that employ children and pay them with 'buttons'👕👖. These are just a few of the horrendous ways murder is romanticized as 'economies of scale' (a proportionate saving of costs gained via increased levels of production). A global economy built on this notional currency will always be unsustainable... it quite literally requires a consistent sacrifice for rewards that truly benefit a very small population of humans on this planet (I think roughly 1%🎩).
Fractional reserve banking practices such as 'quantitative easing' are utilised to make economies appear stable, using low interest rates and an increased money supply💸💸. This is "treatment without prevention" and creates the illusion of stability, seeing us into the most transitional period in human history in terms of technology and social change... But I think that says more about human beings in the face of adversity than it does about petrol and paper. 💯💯💯 #petrodollar #unsustainable #economics #oil #petrol #infinitemoneysupply #currency #america #middleeast #southamerica #africa #asia #thecongo #afghanistan #opium #cobalt #sweatshop #childlabour #warondrugs #centralbank #federalreserve #quantitativeeasing #economiesofscale #woke #wisdom #socialscience #cryptocurrency #altcoin #artofrule

We are mid-way through what has already been an exciting week for various currency pairs. Check out Todays Technicals by clicking the link below:
https://www.everythingfx.com/Forex-Todays-Technicals

GBP/USD: As forecasted yesterday GBP/USD attempted to break below our weekly support level of 1.37500. However after various attempts, currently it's remaining to hold its own and trade above this support level at 1.37700. The moving averages are displaying a pull towards…

AUDUSD: Another strong day for the AUD as price continued it bullish overall momentum. We currently sit in no man's land as the price is halfway between target 1.000 and 0.8000, and a support level of 0.79250. If the…

Read more: https://www.everythingfx.com/Forex-Todays-Technicals

#EverythingFx #FX #Trading #TechnicalArticles #MarketNews #GBPUSD #USDCAD #AUDUSD #EURUSD #EURGBP #FederalReserve #DailyPodcast #TodaysTechnicals #TechnicalAnalysis #PracticePips #TrendingTechnicals #Podcast #Pips #Profits #Money

Another #juugcoin bites the dust. #Bitconnect was a ponzi from the beginning. I hope none of you lost $$$

A real life list of #shitcoins aka #juugcoins thanks to Red Tuesday

When you visit the #MoneyMuseum, you'll want to try to find the #counterfeit #currency at our #findthefake exhibit. Here's a look behind the scenes in the creation of an exhibit. #freemuseum #dollars #federalreserve #money #coins #numismatist

This is what $1 million dollars looks like! #MoneyMuseum #Dollars #FreeMuseums #FederalReserve

Brexit Fears Are No More! Cable Stabilises As Pound Strengthens
After having such a successful past few days of an extraordinary rise from the 1.3500 region to peaking at a major high of 1.3800, Cable could be getting even more volatility following a strong fundamental morning with the CPI y/y, PPI y/y and RPI y/y all being announced at 9:30am UK time.
The data was forecasted as the following: - CPI forecasted at 3.0% from a prior statistic of 3.1%
- PPI forecasted at 0.5% from a prior statistic of 1.8% - RPI forecasted at 3.9% from a prior statistic of 3.9% remaining exactly the same.
Read the whole article here:
http://www.everythingfx.com/Insecure_UK_Data_Stabilises_Cable_At_Highs-80-EFX-Market-News

#EverythingFx #FX #Trading #TechnicalArticles #MarketNews #GBPUSD #USDCAD #AUDUSD #EURUSD #EURGBP #FederalReserve #DailyPodcast #TodaysTechnicals #TechnicalAnalysis #PracticePips #TrendingTechnicals #Podcast #Pips #Profits #Money

For FREE Technical Analysis on a daily basis, Today’s Technicals are the only place to be. Click the link below:
https://www.everythingfx.com/Forex-Todays-Technicals

GBPAUD: Consolidation has been broken, again...this was anticipated with the potential for new lows up in the air. We made new lows and price looks as if its headed to retest the box area as resistance now. 1.7222 may be tapped today before price continues its bearish mission. P.A is a mess right now so let's allow a few days for the price to find its feet…

GBP/USD: New multi-year highs for GBP/USD! That's right “the comeback” is well and truly happened and is continuing as we now currently trading at 1.38000. Majority of this upside movement is containing due to dollar weakness, as USD is performing poor across the board. Another push for this pair is from “Soft Brexit” rumours from Spanish and Dutch ministers. Technically we have broken above our weekly key level at…

AUDJPY: Inside bar formation below the 88.00 key level is waiting to be broken on a 4-hour timeframe for execution. If the box zone was to break to the upside we may see further bullish price action leading to 89.000 and then 90.000 in the next few weeks. Momentum on multiple time frames remains bullish as the moving averages are all up…

USDJPY: Another bearish day yesterday and we managed to drop to a low of 110.33, achieving 250 pips from my short entry explained in on the technical floor. Is it time for a pullback? Possibly. From 110.33 we have seen a slight pullback so far to 110.85 which was our last form of support…

Read more: https://www.everythingfx.com/Forex-Todays-Technicals

#EverythingFx #FX #Trading #TechnicalArticles #MarketNews #GBPUSD #USDCAD #AUDUSD #EURUSD #EURGBP #FederalReserve #DailyPodcast #TodaysTechnicals #TechnicalAnalysis #PracticePips #TrendingTechnicals #Podcast #Pips #Profits #Money

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