What you are describing is a real world example of what I a, trying to understand right now, reading " The Death of Money". I admit I fell prey to the Project Phrophesy video,featuring its author, Jim Rickards, and had to know more.
Rickards is an interesting character, and it is wuite difficult to argue with his premise...that China and Russia are in cahoots to gut the US dollar. This is done by a number of means, many of which are clearly in motion today. I am sure the computer securoty breaches just announced, with exposure of US government employees, including CIA, is just another volley, a warning of what's to come.
The prodigious printing of dollars post-2008 has left our dollar very vulnerable. We jointly decided in our household last year not to continue waiting to see snything resembling a real interest rate, ever in our remaining lifetimes, on savings. That resulted in a fairly good investment i to cattle and new equipment to support them.
This book explains the constant tug o' war between the forces of onflation and deflation. It analyzes a lot of different world economic sectors, including the myth of the Chinese Miracle. Their social and economic policies have resulted in untold wealth, which Chinese in the know are investing and/ or laundering outside their own country as fast as they can...sound familiar?
We have decide to work hard, as always, but not worry so much about The Number, that amount of $$$ necessary to support ourselves in our dotage. If we own a few cows and some laying hens, we'll have the means to eat. If not, we have queue up with the rest, for soup.
The new warfare is cyber and economic, not so much with soldiers and weapons of mass destruction. Clearly, after this week's revelations...that China was in the government's systems for four months, unnoticed, we have been warned.
...it`s all relative
