“…no one in a position of power in the US understands anything about real money and real finance. They are blinded by the promise of Keynesian economics and modern monetary theory, which posits that creating aggregate demand (Keynesianism) funded by massive money printing (modern monetary theory) is the sure path to economic progress. They fail to acknowledge that the steady fall in the purchasing power of the dollar and the rise of an alternative trade settlement system are the inevitable consequences of their blindness.”

https://mises.org/wire/role-reversal-collapse-dollar-enforced-empire

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