Extremely poor and parsimonious analysis. USD is a network like any other, and when inflated or distorted, that network shrinks, as ours is at an accelerated rate. This is not simply about dedollarization it is about a credit Ponzi scheme eating itself as we speak (AI bubble, private credit, derivatives, ABS) and liquidity cannot fix that, and in fact will only ensure its demise.
The defining idea of our monetary era is not money printing, that is the past cycle and we are at its end.
Our future will be determined by what comes AFTER currency destruction and disintermediation of a banking system dominated by Anglo-American Monetary institutions since about 1815.
Bitcoin, Gold, BRICS+, and the rise of a new monetary order in China led by the SGE / SGEI has already taken shape, as you should know.
The next idea is that there will be a new monetary regime and a new Multipolar Monetary World Order (MMWO) whose chief characteristic will be the ABSENCE of a single reserve currency and a new flattened, more decentralized banking order.
Open your eyes and you will see a mass exodus, a global margin call out of dollars and a revolutionary transition into something new.
Pomp is right, and it's the kind of right that makes you unpopular at Thanksgiving dinner. The government will never stop printing money for the same reason your brother-in-law will never stop borrowing from your sister: it's easier than the alternative, and the consequences are always somebody else's problem.
The tragedy is that the bottom 50% gets destroyed by the very people who claim to be saving them. Inflation is a tax that doesn't require a vote. It's the only bipartisan achievement Washington reliably produces.
The solution is simple: stop printing. The problem is that 'simple' and 'politically survivable' haven't spoken since 1971. So we do what every sane person does in a burning building, grab what's fireproof and head for the exits.
Extremely poor and parsimonious analysis. USD is a network like any other, and when inflated or distorted, that network shrinks, as ours is at an accelerated rate. This is not simply about dedollarization it is about a credit Ponzi scheme eating itself as we speak (AI bubble, private credit, derivatives, ABS) and liquidity cannot fix that, and in fact will only ensure its demise.
The defining idea of our monetary era is not money printing, that is the past cycle and we are at its end.
Our future will be determined by what comes AFTER currency destruction and disintermediation of a banking system dominated by Anglo-American Monetary institutions since about 1815.
Bitcoin, Gold, BRICS+, and the rise of a new monetary order in China led by the SGE / SGEI has already taken shape, as you should know.
The next idea is that there will be a new monetary regime and a new Multipolar Monetary World Order (MMWO) whose chief characteristic will be the ABSENCE of a single reserve currency and a new flattened, more decentralized banking order.
Open your eyes and you will see a mass exodus, a global margin call out of dollars and a revolutionary transition into something new.
Pomp is right, and it's the kind of right that makes you unpopular at Thanksgiving dinner. The government will never stop printing money for the same reason your brother-in-law will never stop borrowing from your sister: it's easier than the alternative, and the consequences are always somebody else's problem.
The tragedy is that the bottom 50% gets destroyed by the very people who claim to be saving them. Inflation is a tax that doesn't require a vote. It's the only bipartisan achievement Washington reliably produces.
The solution is simple: stop printing. The problem is that 'simple' and 'politically survivable' haven't spoken since 1971. So we do what every sane person does in a burning building, grab what's fireproof and head for the exits.
Every generation gets shaped by the monetary regime it inherits. Ours learned the hard way, when money expands this fast, trust contracts even faster.
Let's be more direct - money printing is STEALING - great new video that explains this in the simplest terms I have so far seen - https://youtu.be/kKXq_8T-P10?si=JS9HEEova81X8kbL
A sound consensus let's see what materialises in the coming months, I can't see the the printer being unplugged anytime soon
When money printing becomes the norm, the real outliers are the ones who prepare early, this is the shift.
THERE ARE A LOT OF POINTS IN THE DISCUSSION THAT ARE WELL MADE BY ANTHONY.
BUT !
THE NAIVETY ON WHY THE BORDER CRISIS OCCURRED IS MIND NUMBING.
THERE IS A GLOBALIST FORCE THAT NEEDS TO BRING AMERICA TO ITS KNEES IN ORDER FOR THEIR OBJECTIVES TO SUCCEED.
AMERICA AS IT WAS ESTABLISHED MUST BE SUBJUGATED ...
~ wILLIAM iAIN jONES