Tech Dollar 2: The War of the Worlds and Fate of the Dollar
The invasion of Ukraine by Russian forces in February 2022 has abruptly ended a prolonged (and rare) period of peace in Europe.
This period of peace has made us forget about the realities of our need of resources for modern society. Tech, and all the evangelism associated with it, does not solve the need for base commodities. In fact, it drives it.
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... See morePeter Farac • A New Commodity Bull Market Must Come With a Weak US Dollar
Main Points • Re-Dollarization, Not De-Dollarization: Contrary to widespread predictions of the US dollar’s demise, it is experiencing a profound strengthening. This phenomenon, explained by the ‘Dollar Milkshake Theory’, is driven by massive capital inflows into US assets, sucking liquidity from the global system • A Second, Powerful Straw: US
... See moreMichael Howell • A Dollar Milkshake With Two Straws
The Daily Planet #6: Network Wars
The planetary is not just about trees and coral reefs, but also about chips and rare earth minerals and economic sanctions. Social scientists - and physicists in their own way - keep reminding us that all information is material: a data center is a physical entity after all.
... See moreWe can expand that claim to say: all