I'm no macro economist but Triffins Dilemma demonstrates that Trump putting lipstick on a pig doesn't make it pretty. Trump wants a weak dollar that remains a global reserve currency, like having your cake and eating it. To me that's Jewish Wall Street thinking advice he's being offered. They are trying to make weakened America strong so that they have a better tool to defend the global onslaught forming against them. I predict it won't work, nations playing endless games with rigging fiat currency ratios to each other in order to seek trading cost advantage. Fiat currency is the problem, compounded by the tribe that controls it. It's simply a dishonest global economic system arising out of a dishonest international monetary system. The only thing that can right the world economic system is specie money, and right now that's gold and Bitcoin. Trump is going to try to bully other nations into strengthening their fiats in relation to the dollars, artificially disadvantaging them and advataging him. It's all a bullshit game. Perdonally I use fiat money to settle accounts in mainstream business but I calculate account values using a stable everyday product that I choose. The trick to protecting your wealth on main street is to never price or value your assets in fiat and to strike your financial accounts in a stable commodity or product (Big Mac or whatever). That way you know if you are really getting richer or poorer. How can you measure relative values with wonky fiat yardsticks?
You made some good points here, but I think you should really give Matt’s Trump's Reset report or Marin’s plan a read. They outline a number of mechanisms to get around Triffin’s Dilemma—which all the smart people in Trump’s team involved in this are, of course, well aware of. I’ve provided the links above.
I read some of it then quit. To me it was an unnecessarily complex and rubbish word salad. Trump will never be able to parse the meanings in that document, he's being led by the nose. There simply is no way to make a silk purse out of a pigs ear, you might get an oligarchs pig ear purse on occasion, but it will never be silk. The economic system is screwed from top to bottom, and that includes Russia, China, Iran and anywhere with a government. They all love fiat for obvious reasons and fiat is the head of the stream. Its up to each individual to figure his own way around the bullshit, to me it starts with really understanding the difference between specie and fiat money. No matter how they doctor their financial bullshit system it can't exist without sitting on top of the main street real world system where I live, and a big chunk of that system lives underground.
How are those tarrifs working out? China exports to US January 2025 still over $40billion; China still well and truly tied into the dollar merry go round.
I'm no macro economist but Triffins Dilemma demonstrates that Trump putting lipstick on a pig doesn't make it pretty. Trump wants a weak dollar that remains a global reserve currency, like having your cake and eating it. To me that's Jewish Wall Street thinking advice he's being offered. They are trying to make weakened America strong so that they have a better tool to defend the global onslaught forming against them. I predict it won't work, nations playing endless games with rigging fiat currency ratios to each other in order to seek trading cost advantage. Fiat currency is the problem, compounded by the tribe that controls it. It's simply a dishonest global economic system arising out of a dishonest international monetary system. The only thing that can right the world economic system is specie money, and right now that's gold and Bitcoin. Trump is going to try to bully other nations into strengthening their fiats in relation to the dollars, artificially disadvantaging them and advataging him. It's all a bullshit game. Perdonally I use fiat money to settle accounts in mainstream business but I calculate account values using a stable everyday product that I choose. The trick to protecting your wealth on main street is to never price or value your assets in fiat and to strike your financial accounts in a stable commodity or product (Big Mac or whatever). That way you know if you are really getting richer or poorer. How can you measure relative values with wonky fiat yardsticks?
You made some good points here, but I think you should really give Matt’s Trump's Reset report or Marin’s plan a read. They outline a number of mechanisms to get around Triffin’s Dilemma—which all the smart people in Trump’s team involved in this are, of course, well aware of. I’ve provided the links above.
I read some of it then quit. To me it was an unnecessarily complex and rubbish word salad. Trump will never be able to parse the meanings in that document, he's being led by the nose. There simply is no way to make a silk purse out of a pigs ear, you might get an oligarchs pig ear purse on occasion, but it will never be silk. The economic system is screwed from top to bottom, and that includes Russia, China, Iran and anywhere with a government. They all love fiat for obvious reasons and fiat is the head of the stream. Its up to each individual to figure his own way around the bullshit, to me it starts with really understanding the difference between specie and fiat money. No matter how they doctor their financial bullshit system it can't exist without sitting on top of the main street real world system where I live, and a big chunk of that system lives underground.
How are those tarrifs working out? China exports to US January 2025 still over $40billion; China still well and truly tied into the dollar merry go round.
Great explanation!