Original Research
An imminent collapse of the global money system?
Acta Commercii | Vol 4, No 1 | a50 |
DOI: https://doi.org/10.4102/ac.v4i1.50
| © 2004 J. Silvis, N. Lessing
| This work is licensed under CC Attribution 4.0
Submitted: 05 December 2004 | Published: 05 December 2004
Submitted: 05 December 2004 | Published: 05 December 2004
About the author(s)
J. Silvis, Foundation for New Thinking, South AfricaN. Lessing, Rand Afrikaans University, South Africa
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The global money system should from a biblical perspective be based on a true weight. However, the existing global money system is based on a false weight. To track the use of a false weight in the US, the total US debt to gross domestic product (GDP) and the Dow Jones are compared from 1950 to 17 November 2004. From 1950 to 14 January 2000 there was a positive correlation between total US debt to GDP and the nominal value of the Dow Jones. From 14 January 2000 added false weight to the system did not increase the nominal value of the Dow Jones beyond the high of 14 January 2004. According to this research the US and the global money system is set to implode.
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