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**Tim** · 07-18-2022, 03:51 PM

Originally posted by F0017S0 View Post

I have occasionally wondered to myself whether it would be worth going back to the gold standard…

I wonder when they will need gas. Probably sooner.

**Tim** · 07-19-2022, 07:19 AM

The latest from the Treasury Secretary’s “idea factory” messaging:

”"Friend-shoring" goes beyond that but limits supply chain networks to allies and friendly countries.”

Yellen says the U.S. and its allies should use ‘friend-shoring’ to give supply chains a boost

https://www.cnbc.com/2022/07/19/us-treasury-secretary-on-supply-chain-resilience-use-friend-shoring.html

The term draws on the concepts of "onshoring" and "nearshoring," which refer to the transferring of supply chains back home or closer to home.

This will solve supply chain issues and thus inflation. She wants private industry to use most favored nation, tariffs and sanctions to be followed. A giant in her own mind.

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