In the vast world of financial theories, none are quite as fascinating as “The Road to Roota.” At its core, it is an economic theory suggesting that there is a conscious effort from the powers that be to return the financial system to a gold standard.
Origin of the Theory
The ‘Road to Roota Theory’ is notably linked to a character from the Federal Reserve Bank of Boston’s comic books published in the late 1970s and early 1980s. The storylines often revolve around a character named Roota, who lives in a colorful, resource-rich land called “Flatland.”
In one issue titled “Wishes and Rainbows,” Roota, a young girl, wishes for more variety in her world and stumbles upon a hidden path leading to “Colorland.” This allegory was interpreted by some as a metaphor for the complex financial system and the desire to return to a more honest monetary standard.
The Hidden Message
Bix Weir, an enthusiastic financial commenter and one of the main proponents of this theory, argues that “The Road to Roota” is a secretive plan created by U.S. authorities to deliberately crash the financial system to eradicate market manipulation and return to a gold standard.
According to Weir, Alan Greenspan, a renowned economist and former Chairman of the Federal Reserve, developed complex financial models as early as the 1960s to control the U.S. dollar quantity. Greenspan’s idea was to stretch the fiat monetary system to its limit, accumulating as much debt as possible, and then letting it crash to pave the way for the gold standard.
The Road Ahead
The ‘Road to Roota Theory’ suggests that the powers that be will continue to push the financial system until it collapses under its weight, ushering in a new era of financial honesty and transparency. The process will undoubtedly be painful but necessary for the greater good.
An intriguing piece of evidence that supporters point to is the unallocated ‘gold swaps’ and ‘gold leasing’ practices by central banks worldwide. These practices effectively increase the quantity of perceived gold in the system, pushing gold prices down, but in reality, it’s an illusion as the physical gold quantity remains the same.
Gold: The Honest Standard
The road to Roota, thus, becomes a journey towards a gold standard, representing the ‘golden truth’ in economic policies. The theory argues that by allowing the financial system to collapse and returning to a gold standard, economies can move forward with more transparency, stability, and fairness.
Relevance Today
While the theory may sound like a conspiracy to some, it’s impossible to deny the reality of the growing national debt and the potential economic implications. Whether the ‘Road to Roota Theory’ holds the key to the future of the world’s financial system or not, it certainly highlights the urgent need for economic reforms and transparency.
Conclusion
The ‘Road to Roota Theory’ serves as a compelling narrative about the world’s financial system and our economic future. It draws upon a mix of economic realities, expert speculation, and engaging storytelling, resulting in a fascinating theory that continues to intrigue its followers.