Jade Queen

Central Banks Shift Reserves Away from U.S. Dollar

In the U.S., when a government passes a crazy confiscation plan, the 20% move across a border, either a state border, or out of the country altogether.

Upscale supermarkets are now testing independently the products they buy to protect themselves from poisoning issues.

The government agencies paid to do this don't do it, either because it's impractical or because they are corrupt, hard to tell.

When I went recently to a deliberately up-and-downscale eatery, I asked the waiter where the oysters came from. When he asked in the kitchen and found they came from a bay I know to be tainted, I passed on a dish containing them.

My friend, whose gumbo addiction was not to be deterred, ordered gumbo anyway.

Oysters disappear when they are poisoned, though it takes a while. The poisoning hurts the young more than the mature.

Some mini-ecosystem will figure this pattern out and will prevail until or unless the poisoned place gets it and cleans up.

The things we buy with dollars have not disappeared all the way.

When aristocracy cannot buy oysters with dollars because dollars are so obviously blood money, we will get change.

Optimist that I am, I still believe there is a possibility change could be incremental.

It is happening in some countries and mini-environments where there is adoption of deliberate and careful transparency.

If the major media decides to discover this, it will be as if it is something new, amazing, and dramatic.

Some of the oligarchs will get busted under a new culture, and some will morph to go along with new conditions.