Confessions of a US Dollar...

Ideas to take with you.

1. 01

   Political independence without monetary independence leaves the extractive relationship intact – the flag changes, the ledger does not.

2. 02

   Debt denominated in a currency you cannot print forces you to sell your real output – resources, labor, agriculture – to acquire that currency in perpetuity.

3. 03

   A money printer is a power source: whoever controls it can dangle carrots or wield sticks across borders without ever declaring a war.

4. 04

   Academic framings like the "resource curse" describe symptoms while leaving the monetary mechanism unnamed.

5. 05

   Under fiat, even the winners of the local game face a narrow choice – serve the external creditor structure or be replaced; a neutral money removes the premise of that choice.