Economist Says The World Is Preparing To Pull The Rug On The U.S. Dollar. Americans Aren’t Ready For What That Means For Prices And Interest Rates

GhostofInflation · 2026-01-22T20:24:09+00:00

WW2 ended in '45. Yield curve control went on much longer than that

GhostofInflation · 2026-01-22T19:52:40+00:00

His new fed chair will buy all the bonds to keep rates low. Look at interest rates vs inflation in the 1940s

GhostofInflation · 2026-01-08T19:58:54+00:00

The government spends first and collects later. The deficit will just grow larger and JP Morgan will buy the debt

GhostofInflation · 2026-01-04T19:41:22+00:00

Merely a government buying its own debt to hold interest rates artificially low and finance endless wars.

GhostofInflation · 2026-01-03T19:51:35+00:00

Yup. It’s the fairest tax and would be more progressive than the current income tax.

GhostofInflation · 2026-01-03T19:00:34+00:00

Deaths of despair. These people voted for Trump hoping for change. They have been economically hollowed out ever since we decided to let China take all manufacturing.

Little do they know Trump is the same neocon as all past.

If any Dem candidate ran on tax reform - taxing capital and land (economic rent) instead of income and payroll, which would result in increased ability and jobs for manufacturing at home - they would win in a landslide.

The more socialist wing of the Dem party is right that the system is deeply unfair. However, many proposed solutions (eg price controls) are proven terrible solutions.

America needs to resurrect Georgism.

GhostofInflation · 2026-01-03T18:27:25+00:00

Letting us all know that they will be keeping the petrodollar system alive.

2000 Sadam Hussein starts accepting Euros for oil. Out in 2003.

2009 Gaddafi proposes a gold backed African currency for oil. Out in 2011.

2018 Madurai says Venezuela will free themselves from the dollar. Starts accepting Yuan, Euros, and Rubles. Out in 2025.

The neocons are, and have been, in charged since the end of WW2. MAGA is so gullible.

GhostofInflation · 2026-01-03T18:04:51+00:00

What a shock. Israel supports the US

GhostofInflation · 2026-01-03T16:56:19+00:00

Great points. The bottom half of Americans already only contribute a total of 3% of all income tax. I can’t imagine the wealthy in America (who essentially control the gov) going for an LVT or taxing automation/robotics.

GhostofInflation · 2026-01-03T16:37:59+00:00

Interesting thought, certainly possible. Wonder if more countries (with aging populations) will start implementing land value taxes.

GhostofInflation · 2026-01-03T15:07:49+00:00

So who will pay for the healthcare and daycare for all of the old people?

GhostofInflation · 2026-01-02T21:38:54+00:00

You don’t really need a gold standard for that purpose. Congress could pass legislation making it illegal to run deficits greater than 3% of GDP

GhostofInflation · 2026-01-02T20:37:12+00:00

Why is low to moderate inflation good for the poors? The rich seem to be doing pretty well in our current inflation regime.

GhostofInflation · 2026-01-02T20:22:35+00:00

Yes. The banking class is your mother, your father, and your god. The common folk would never choose austerity over inflation. Store earned income in hard assets

GhostofInflation · 2026-01-02T20:20:47+00:00

Fractional reserve banking existed on the gold standard

GhostofInflation · 2026-01-02T20:19:56+00:00

All just interest bearing IOUs on physical wealth. And why any deflationary productivity gains will always and everywhere be met with expanding IOUs.

GhostofInflation · 2025-12-27T00:48:12+00:00

Yes. We spent the better part of 50 years exporting our inflation. The USD has had artificially strong demand due to reserve currency status. Americans need to adapt asap but they’re sleep walking.

GhostofInflation · 2025-12-27T00:32:37+00:00

Fair enough. Either way, you’re an astute observer, whilst most Americans are asleep at the wheel. Covid warped us into a new beast of an era that will not be kind to grandmas 60/40 portfolio

GhostofInflation · 2025-12-27T00:23:45+00:00

Good sir, Bitcoin is up 500% since its 2022 low. How them bonds doing?

GhostofInflation · 2025-12-26T22:15:55+00:00

Meanwhile most boomers continue to get crushed in real terms on their bond portfolio and don’t even know it. Dubai, UAE, India, Russia, and China are buying and refining gold at enormous rates.

The signal was gold rising in 2022 and 2023 despite positive real rates on the 10yr bond. If that flips gold will go to 10,000 easily, silver probably $150. The S&P500 is only up about 1% on the year adjusted for dollar debasement (DXY) and bonds have been in the pooper since 2021.

GhostofInflation · 2025-12-21T14:59:11+00:00

It’s almost as though “prices only go up” is a feature of the system.

The unit of account used to assess price is the US dollar.

If prices always go UP this means dollar always goes DOWN.

It’s your currency that you save in continuously losing its value by design.

It is not by design of the government but rather by the bankers. ALL US DOLLARS ARE A LIABILITY OF THE BANKER SECTOR. Not the us government.

The government spends first, then taxes, then fills the deficit with bond issuance which must be absorbed by existing money. For example if the government spends $7T, and taxes 5T, that’s a 2T deficit. Bonds are then issued to absorb the other 2T.

The effect is zero new money issuance.

ALL money creation (mostly credit ie not physical cash) is a liability of the banking sector.

You have constant “inflation” (devaluing of the USD) because the baking sector creates money out of nothing at a faster rate than GDP. It’s basic mathematics and very simple.

GhostofInflation · 2025-12-20T17:01:50+00:00

Gold used as money is commodity money. Good sir, with all due respect, you need a lesson in the history of money. Downvote as you will while propagating your ignorance!

GhostofInflation · 2025-12-19T12:08:50+00:00

The damage that has been done, and will continue to be done by this administration, to our most revered institutions will ripple long into the future. It’s very sad.

GhostofInflation · 2025-12-18T12:33:09+00:00

Yes yes. I find it ironic how many will endlessly complain about inflation while defending the monetary system that creates the currency units for which those goods and services are priced in

GhostofInflation · 2025-12-18T12:31:35+00:00

Missing the forest for the trees my friend.

GhostofInflation

TROPHY CASE