Friday, April 04, 2025

So called Liberation Day, the day the Dollar died.

The US created a new world order from the ashes of WWII. This gave us the incredible privilege of having other nations treat our Dollar as their reserve currency. 

Trump has thrown this away, and it can't be recovered. We're now going to actually have to pay, in hard currency for things we import from now on. This means we're all going to see our standards of living fall by about 70% in the next decade.

It's important to remember this was a purely self inflicted wound, we did it to ourselves. We fucked around, and now we (and especially our kids) are going to find out.