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We Are Screwed

Whether we are screwed by welfare-warfare empires painting themselves into corners, or by socialists who want to exacerbate inequality to trigger revolution, money printing is the problem.

We need to start connecting dots that most people never see. It’s about how empires collapse—not through invasion or natural disaster, but through the slow, deliberate destruction of their own currency.

What makes this particularly unsettling is the pattern. Rome did it. Weimar did it. The Ottomans and British did it. And now, as you’ll see, we’re watching it happen in real time in America. The mechanism is always the same: endless government spending, central bank money printing, and a widening chasm between those who benefit first from new money and everyone else left holding the bag.

But here’s the twist that should alarm both left and right: whether the debt comes from welfare programs or military spending, whether it’s pushed by Democratic Socialists or Republican Imperialists, the destination is the same. The incentives are aligned for disaster, and almost no one in power has any reason to stop it. This isn’t partisan fear-mongering. It’s economic history repeating itself. —MB

Transcript

My jaw almost hit the floor when I discovered this quotation from the economist John Maynard Keynes:

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but do so arbitrarily; and while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.

What a lot of folks don’t realize is that the debasement of currency is the root of decline or revolution. When people say that the market system doesn’t work anymore, they are justified, but mistaken.

The clock is ticking. The politicians are spending. The Fed is printing. The BRICS are leaving. Tick tock, tick tock…

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