As gold surges to all-time highs and geopolitical shifts fracture the old monetary order, Powell believes we’re witnessing the early stages of a broader return to sound money.
Long before fiat currency, digital dollars, or cryptocurrency, America’s Founders sought to anchor the young nation’s economy in gold and silver, i.e. sound money.
Most of the disruption you see now is just due to the chaos that is coming with all of this, not so much to layoffs and tariffs that actually stuck, but those are coming.
Freedom of speech is a natural right not reserved for American citizens but for all of humanity. And it has been a natural right worth defending for nearly 250 years.
The US imports goods and exports an equal amount of dollars. The dollar is our top export. We can make them cheaply and trade them for all kinds of other useful things on very attractive terms.