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Nixon created the EPA because he used our natural unspoiled resources to back the dollar. Looks like the admin doesn't care about that anymore, they think globa
by downrightmike 22d ago
Nixon created the EPA because he used our natural unspoiled resources to back the dollar. Looks like the admin doesn't care about that anymore, they think global war and AI can back the dollar
- dgellow 22d agoThe current admin has the explicit goal to devalue the dollar (see mar-a-lago accord). I don’t think the goal is to back it
- downrightmike 22d agoI was thinking they were trying to crash every currency, with the dollar only coming out barely on top because of oil
- Dylan16807 22d agoCrash every currency relative to what? Is that like saying "okay gold is 10x as expensive and nothing else changes"?
- downrightmike 21d agoHyper inflation. everything costs more. That or a debt jubilee are the only options out of this mess
- Dylan16807 21d agoBut what's the goal? And as long as it's one big crash, at the end things stop inflating and all prices are higher and all wages are higher and everything is pretty much back to normal.