GCR-Land discussions often circle around de-dollarization and the fall of the U.S. dollar as the world’s reserve currency.
However, a closer examination reveals a more complex and deeply entrenched structure at the heart of global finance: the Eurodollar Shadow Banking System.
This system, often overlooked in Global Currency Reset (GCR) narratives, holds the true reins of financial power and influence, operating behind a veil of secrecy and complexity.
The U.S. dollar is merely an instrument within the global financial system, while the offshore Eurodollar market is the actual financial system itself.
What is the Eurodollar System?
The Eurodollar system, fundamentally different from the U.S. dollar, represents dollar-denominated claims outside the United States. It is the backbone of the global financial system, transcending national currencies, borders, and regulatory jurisdictions.
Dollar-denominated claims in global finance refer to financial assets or liabilities that are denominated in U.S. dollars, regardless of the country in which the transaction takes place. These can include bonds, loans, or other financial instruments that are valued in U.S. dollars.
The Eurodollar’s capital structure is broad, deep and larger than the entire GDP of the United States.
The true power of the Eurodollar lies not in its visibility but in its pervasive and hidden influence over global financial operations.
The focus on de-dollarization and the replacement of the dollar as the world’s reserve currency is, in many ways, a distraction from the deeper issue.
The U.S. dollar is merely an instrument within the global financial system, while the secretive Eurodollar Market is the actual financial system itself.
This distinction is crucial in understanding why simply replacing the dollar with another currency does not support a Global Currency Reset (GCR) because it fails to address the inherent problems of the current system.
The Chinese Yuan is Not the Answer
Remember when alternatives such as the Chinese Yuan and the PetroYuan were proclaimed as successors to the dollar’s hegemony? Yet, these much-exaggerated claims fall apart under closer scrutiny.
China’s current economic challenges and the inherent limitations of the Yuan in global trade render it an unlikely candidate for replacing the dollar. Their collapsing stock markets and the ongoing real estate crisis (Evergrande, etc.) present serious obstacles.
The emergence of decentralized crypto currencies offers promise but also faces hurdles in achieving the level of acceptance and proficiency currently held by the supreme Eurodollar system.
The challenge lies in building a new system that can match, or surpass, the Eurodollar system’s capabilities.
A true transformational alternative lies in a global trade currency backed by gold.
This golden medium of exchange would offer stability, efficiency, and equity in foreign exchange rate management and global trade facilitation.
Such a currency, especially in the form of a global digital stablecoin, could provide the necessary attributes to challenge the Eurodollar system’s supremacy.
It would offer a transparent and reliable reserve currency alternative, free from the current manipulation of fractional reserve lending and fiat currency rehypothecation.
This transition, however, is not without its challenges.
The entrenched interests behind the Eurodollar system, with their vast wealth and influence, are unlikely to embrace a shift that threatens their current control over the global fiat currency and financial system.
The bankster cabal won’t simply embrace a digital gold-backed trade currency within the Eurodollar system. The Eurodollar system must be rendered obsolete by an alternative system.
What About the QFS (Quantum Financial System)?
Perhaps the enigmatic and much over-exaggerated Quantum Financial System (QFS) is the alternative that will dethrone the Eurodollar System. It makes far more sense to me that replacing the Eurodollar System is the true purpose and function of the QFS.
`The quest for an alternative is more than just a search for a new currency; it is a quest for a new financial command and control center for global foreign exchange, banking operations, and global commerce.
The potential of a gold-backed common currency, especially in digital form, and combined with a QFS infrastructure offers a view into what such an alternative might look like to challenge the very foundations of the Eurodollar system.
