Currency Manipulations and Interventions: 21st Century Warfare
Bullets are flying in what has become the new warfare. In the old days wars were fought with Pearl Harbor surprises and outright takeovers of territorial assets. Previously the capital markets have been content to don jackboots and military strikes to control economic developments. With the advent of the nuclear deterrent now being possessed by an increasing number of nations, contemporary wars are morphing away from bullets and bombs. The elites have a good thing going. It is to their interest that the nuclear option be avoided at all costs. Ergo bonds, yen(FXY) and francs have become the new bullets. The Keynesian option has never really worked and has resulted in a series of conventional wars that have had questionable results. Now nations can be brought to their knees by skillful currency manipulations.