The filthy rich people KNOW that fiat is hanging on by a thread. They know the fiat crash is inevitable. They fully realize that it is only a matter of time. The thing that they are doing now is to use the strength of fiat that still remains, to prepare themselves with protection, and the good life, for the time after fiat has crashed.
This is the only real reason that it appears that governments and banks fail at math. They WANT it to appear this way, because such failure and appearance of failure strengthens their positions of power for the future when fiat finally DOES crash.
This is the only real reason that it appears that governments and banks fail at math. They WANT it to appear this way, because such failure and appearance of failure strengthens their positions of power for the future when fiat finally DOES crash.
You make some good points, and introduce some interesting concepts. Perhaps this may explain why China and Russia have been buying up an enormous amount of Gold and other precious metals.
"Russian central bank buys up domestic gold output"
http://www.reuters.com/article/2014/11/11/us-russia-gold-cenbank-exclusive-idUSKCN0IV0FJ20141111
"The country expanded its stockpile...by 37.2 metric tons in September to 1,149.8 tons, according to data on the International Monetary Funds website."
http://www.bloomberg.com/news/2014-10-29/russia-buys-most-gold-for-reserves-since-financial-crisis-of-98.html
"Russia goes on decade's biggest gold buying spree"
http://www.theguardian.com/news/datablog/2014/nov/14/russia-goes-on-decades-biggest-gold-buying-spree
"Why Are the Chinese Buying Record Quantities of Gold?"
"This month, the Hong Kong Census and Statistics Department reported that China imported 102,779 kilograms of gold from Hong Kong in November, an increase from Octobers 86,299 kilograms."
http://www.forbes.com/sites/gordonchang/2012/01/29/why-are-the-chinese-buying-record-quantities-of-gold/
"America usurped: China becomes world's largest economy - putting USA in second place for the first time in 142 years"
http://www.dailymail.co.uk/news/article-2785905/China-overtakes-U-S-world-s-largest-economy-IMF-says-economy-worth-17-6trillion-America-falls-second-place-time-1872.html
China now has the worlds largest economy, yes you read that right. Now they have created a rival to the International Monetary Fund (IMF) and World Bank.
"China launches new World Bank rival"
http://rt.com/business/198928-china-world-bank-rival/
"regarded by some as a rival for the IMF, the World Bank"
http://en.wikipedia.org/wiki/Asian_Infrastructure_Investment_Bank
Couple this with the announcement from Russia and China to a closed loop trade agreement.
"The Russian and Chinese central banks signed an agreement on yuan-ruble swaps to double trade with its biggest partner."
http://www.bloomberg.com/news/2014-10-13/russia-china-sign-currency-swap-agreement-to-double-100b-trade.html
"China Embraces a Russia Cut off From Western Capital"
http://www.businessweek.com/articles/2014-10-16/putin-turns-to-china-as-russias-economy-is-weakened-by-sanctions
Add to the mix some nuclear military drills.
Russia announced its nuclear forces will conduct a drill along the border with China later this month.
"Russias nuclear forces will hold another large-scale exercise this month along the countrys border with China."
http://thediplomat.com/2014/09/russia-to-conduct-more-nuclear-drills/
"Russia to Hold Major Nuclear Exercise"
http://defensetech.org/2014/09/04/russia-to-hold-major-nuclear-exercise-this-month/
"China Moves 12,000 Troops to Russian Border"
http://www.infowars.com/report-china-moves-12000-troops-to-russian-border/
In mid-November, Russian defense minister Sergey Shoigu flew to Beijing for high-level military talks. Shoigu was scheduled to meet with Prime Minister Li Keqiang and Defense Minister Chang Wanquan to discuss "current issues of international and regional security and bilateral military and military-technical cooperation" according to the Russian Tass news agency.
No comment.