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Feb. 26, 2025 - Freedomain Radio - Stefan Molyneux
07:27
Does the US Global Military Presence Inflate the Dollar?
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From a supporter of Subscribestar, does the United States' global military presence and enforcement of the dollar as a reserve currency counterbalance the exploitation of trade deficits?
Interested on your thoughts in that regard?
In other words, we escaped some of the effects of money printing by forcing demand globally and thus allowing other countries to exploit the American people by their other countries' acquiescence.
So, of course, enforcing the global reserve currency of the United States artificially inflates The American economy.
So you're right.
It's a very good point that there's a mutual, right?
There's a mutuality to it.
So taking over the defense and allowing trade deficits with other countries, those other countries, but at the same time, enforcing the reserve currency status of the US dollar artificially inflates the value of the dollar, which artificially inflates the value of the US economy as a whole.
And so...
And so, yeah, if the big goal, you know, if Doge gets in, and I don't know what's going on at the moment with this, it kind of comes and goes.
It's like one of these sort of great distance kind of shimmering in and out of existence.
But, of course, if Doge gets into the Pentagon, well, there's a couple of things.
So if Doge gets into the Pentagon, and if Doge plus the new DOJ, Is going to be able to go after the fraudsters who ripped off hundreds of billions of dollars over the course of COVID, that's going to be something.
Because a significant amount of the U.S. economy, a significant amount of all statist economies, is based on pillaging the shit out of the government, like just ripping off the government like crazy.
That is a very large proportion of the economy.
If Doge gets in and sort of cuts fraud, waste, and abuse, then there's going to be a massive amount of economic shifting.
And some of it is straight-up fraud, but some of it is not.
So let's say that America stops being the world's policeman and starts to withdraw its forces from around the world or its military commitments around the world, stops running all this foreign aid, color revolution stuff.
Well, what happens to the economy?
There's going to be massive shifts because wherever the money goes, it's like dumping sugar in a field.
That's where the ants are going to go, right?
So wherever the money goes, people follow.
And the economy...
Alliantic configures itself along those lines.
And so when the money shifts, it stops here, it starts going over there, maybe it's just saved, or maybe it goes to pay interest or the debt.
When there's a big shift in money, and the Trump administration is a big shift in money, right?
This could be, like, if they find out what's really going on with the Pentagon and spending, I think it's going to be pretty tough for the war machines to keep going at their rate.
If the war machines don't keep going at their rate, The current rate.
There's just going to be a massive change in the economy, and it's going to hurt first, right?
Like, you stop all addictions, you get a lot of benefits, but it sure as shit hurts first, right?
The withdrawal and the pain and the agony.
So it sure as hell.
When Doge starts going after those massive defense industry contracts, oh man, yeah, it's going to be really wild to see.
I mean, I think people are deeply shocked.
At how little of their culture is a free expression of people's personal beliefs and how much of what they call their culture is just astroturfed money and paid propaganda.
I mean, I was talking about this the other day, just how much money is hundreds of millions of dollars being spent to promote concepts of racism and so on.
It's like, okay, so how much is racism an issue if it's not funded?
Domestically to the tune of hundreds of billions of dollars, you know, hundreds of billions of dollars, sorry, hundreds of millions of dollars, hundreds of millions of dollars, sorry, to correct, that can buy you a lot of allegiance and a lot of seeming agreement, right?
And what is the situation that happens when the left is no longer being paid to do these entirely artificial, quote, riots and protests, right?
If they're not paying people to do that, you actually might get a sense of what people actually believe, right?
Like, you never meet the actual person when they're in the throes of addiction, right?
Because all you do is you're meeting somebody who's either high or scheming to get high.
So you don't actually meet the person in any authentic or genuine way.
And people have not met the real economy.
Hopefully they will.
Hopefully they will.
But...
And they certainly haven't met the real culture, and most people have no idea what other people believe, right?
I mean, I was reading about, like, it was 83 or 84 of the global warming studies, you know, had significant conflicts of interest that were not identified, right?
And so who knows what it really is, right?
Who knows?
Who knows?
Let's see if I can dig it up.
I think I did.
All right.
Let's just do any of the last questions or comments.
I just wanted to dip in and say hi.
Of course, thank you for your support and everything of all of that.
I imagine the end of The God of Atheists.
I'm not going to give that spoiler, but yeah, I think so.
Yeah, it's going to be fascinating.
You know, what if they spent billions of dollars on some jet fighter that doesn't work too well when, what was it John Stewart was saying, when the next war is going to be fought with drones anyway?
I realize it's not today's topic, but I'd love to hear your perspective on the Ukraine situation.
So, you can go to FDR Podcasts.
I was talking about this more than a decade ago about what was going on in Ukraine.
So, I mean, obviously, I hope the war ends.
I hope the war ends.
I hope the war ends.
What were they saying?
That Trump said Zelensky was at a single-digit approval rating?
And then people immediately get this.
Oh, no, he's at 57% approval rating.
It's like, well, that's not possible.
When a lot of women have fled and a lot of men are trying to flee the country, there's no way.
Thanks, Steph.
Always happy to catch the live stream.
All right, any other last thoughts, questions, comments, issues, problems?
I understand how the boomers say, wait a minute.
North Korea just reached in and hacked and withdrew $1.5 billion worth of crypto.
I can understand being goosed by that.
Of course.
Absolutely.
And this is one of the challenges, of course, of crypto.
That in order to make it the most efficient, oftentimes it's on exchanges, but not your keys, not your coins, right?
That is a big challenge to deal with.
The way that I'd like to see it dealt with, of course, is to remove the corporate liability shield so that if you lose $1.5 billion, And you're in charge of a company or senior in the company, then you get to lose your house and all of that kind of stuff.
But things are invented to make sure that the rich are invested in statism because they get to avoid responsibility for bad decisions, right?
All right.
Well, thanks, everyone.
I really do appreciate your time today.
Have a great afternoon.
We'll talk to you tomorrow night.
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