The Phaserl


The Dollar Under Siege

from Casey Research:

Our main feature today is by Casey Research Chief Economist Bud Conrad, who explores the most urgent narrative in finance that hardly anyone is talking about: the decline of the US dollar.

I don’t mean the dollar’s long, slow slide to zero that began on December 23, 1913 when the Federal Reserve was born. Everyone paying attention knows that the Fed has sapped the dollar of 98% of its purchasing power since then. Criminal? Yes. But not urgent.

I’m talking about Vladimir Putin’s plans to circumvent the dollar in global trade. He, together with China, is making alarming progress toward undermining the dollar’s hegemony and all of the vast advantages the US Empire enjoys because of it.

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