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Big Trouble in the Energy Markets - What's the Shift to Bretton Woods 3.0?
This video describes an economic crisis that is brewing in the commodity markets. There is a large gap from western commodities to russian commodities in a system with high leverage. Arbitrage opportunities is impossible due to sanctions however the Peoples bank of China is in a unique position to issue credit for commodity extraction.
This set up equates to high inflation in the western markets with the dollars reserve status being chipped away at. The shipping and transportation of oil will lead to extremely high prices in shipping that will be passed on to the consumer fueling the inflation fire.
Jack Mcdonald from polysign speaks about institutions creating the critical infrastructure for crypto assets like bitcoin, ethereum, xrp, cardano, solana to be utilized vs held as a speculative store of value.
PDX is a petro coin that is XRAPID enabled meaning that the petro currency will be settled with a bridge asset. With this upcoming energy crisis it will be cost effective to utilize crypto for energy payments.
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