I'm just a simple bear, so I don't understand any of this stuff. (I comfort myself knowing I'm in good company.) Skim reading this, I provisionally label Lyn A

I'm just a simple bear, so I don't understand any of this stuff. (I comfort myself knowing I'm in good company.) Skim reading this, I provisionally label Lyn Adlen as an advocate of monetary policy. As every one knows, abandoning the gold standard, adopting fiscal policy, makes monitarians anxious. Over time, I'm leaning towards a refreshed Keynesian view: empire means huge military means deficits. Both trade and federal. I'm not a classical Liberal or a Neo-Liberal. I'm just saying Keynesian and MMT notions seems like useful metaphors for understanding the current world. -- Lyn Adlen does mention petrodollars. But doesn't provide a clue to what comes next. Rare earth dollars? Gigawatt hours dollars? Some kind of PoW (and therefore measure of energy) crypto coin? Does it even matter? Are petrodollars just a shibboleth for monetarians that can't accept there's "no there there" when money became fiat?