The Dollar and Bitcoin Milkshakes

Two articles.

How The United States Weaponizes The Dollar To Retain Global Hegemony

(mmm... the correct word is "complement", not "compliment". lol.)

The background:

This presentation, from three years ago, does not mention Bitcoin.

So what these two articles attempt to do is insert Bitcoin as a new option within Brent Johnson's so-called Dollar Milkshake Theory.

Part 2

The U.S. Will Weaponize The Dollar By Backing It With Bitcoin

Now, some quotes.

Many are puzzled by the U.S. dollar decimating every other fiat currency on the globe. How is this possible? There are two major systems that have led to the structural imbalances present in our global economy: the eurodollar market and the petrodollar system.

Right.

Much of the dollar-denominated debt mentioned above was created by banks outside of the U.S. This is where the term “eurodollars” comes from. [...] The key takeaway we need to understand is that the eurodollar market is rumored to be in the tens and even hundreds of trillions of dollars!

OK, good; this is something few people really grasp. The US Dollar is not confined to the US - that's why it has been a global currency!

It’s paramount to remember: All fiat currencies are losing purchasing power against goods and services.

The most important asset being LAND. IMO this has been the financial scam of the past century: using monetarism to buy global assets. Now that this has been largely achieved, it will soon be time to raise the value of those assets compared to any money - but not yet, as we are seeing with the destruction of independent farmers. That land is being made worthless through laws and fiscal measures, not through monetarist policies.

So... hold assets - assets that you can secure! And this is a real problem when you come up against the force of arms knocking at your door. The projection of power includes both money and weapons.

I think the next effective global currency will be the IMF's SDR; I mean, that's what it's designed to be! Take a look at this 10-year chart.

All this jostling of leading currencies is merely extending the "economic hitman" protocols from third world countries to every industrialised country - this isn't just mineral rights in Africa, but also farmland in Europe.

One concern - aka threat - of the IMF has been that many smaller nations will just lose their control over their sovereign currency. This is already happening, but what is new is that a few have added Bitcoin into their currency mix. The cryptocoin is still far too volatile to be the only legal tender, but as BTC is primarily priced in USD (like oil and gold are primarily USD denominated), plus most stablecoins are USD backed, we can see how the USD is not going to crash any time soon - not until this asset-buying-spree is close to the end.

BlackRock is the world's largest asset manager and recently headlined a $440 million fundraising round by investing in Circle. But it wasn’t just a funding round; BlackRock is going to be acting as the primary asset manager for USDC and their treasury reserves, which is now nearly $50 billion.

BlackRock becomes essentially a central bank - as private as almost every other so-called central bank.

Turning debts and losses into assets. That is at the heart of the last 100 years of central banking. Socialise the costs, privatise the profits.

I think the author, Luke Mikic, needs to look beyond money to understand the wider scam being perpetrated on the average human. Look at all assets to see what is really going on, as this will also illuminate why the industrialised countries are being hit so hard in this phase.