It would appear so.
Many years ago now, I named this blog "Frankenstein Government." I did that as the United States Government, Hank Paulson, and a host of other cowardly government banker types helped themselves to a one trillion dollar taxpayer funded bailout.
Only in America of the 2008 variety, could you commit all sorts of felonies and fraudulent acts and escape prosecution thanks to Barack Obama. The minions grumbled a bit and then went away. Like they always do.
On this day, in 2008, we were nearly 10 trillion in debt. https://www.usdebtclock.org/2008.html
Some 15 years later, we are now 32 trillion in debt. https://www.usdebtclock.org/
That cumulative cash burn smoothed out over 15 years is pretty close to 1.5 trillion a year. An enormous amount of spending, deficits, and debt accumulation. Now I don't want to get sidetracked here with "where did that money go" because we can't do anything about that.
If you are a real numbers geek, you can look here at the Congressional Budget Office historical view of debt accumulation presented on an excel spreadsheet. https://www.cbo.gov/data/budget-economic-data#3
So the question soon becomes, how did we land here? Was it an accident or was it purposeful?
I can't escape the possibility that our leadership, Yale grads, Harvard grads, and the current bottom of his class Syracuse numb skull, practice absolute indifference. Of course, you don't sign these bills in a vacuum, you must have some congressional support before they reach your desk like the Inflation Reduction Act- which will do precisely the opposite of it's stated intent. Slammed through before the new Republican majority in the house could get sworn in.
But what if it's worse than that? What happens when we replace indifference with willfully deliberate? Or intentional? What if our leadership is willfully trying to destroy the dollar's reserve currency status?
What if one world currency has always been the goal?
I simply can't escape the possibility that destroying the dollar has always been the goal of the world's elite. It's a concept I was first introduced to in the late 80's. You can't replace the dollar unless you kill it first. There is no better way to kill the dollar than by spending profane amounts, piling on debt, raising stagflation and inflation concerns which results in default or bankruptcy. As things reach crisis proportions- then suddenly we are introduced to some new form of currency. Perhaps it will even be digital. Citizens will be left no choice but to accept this new currency as penitence for our government's willful spending depravity. So kill the dollar. That may have always been the plan.
Got gold?
