Tech Dollar 2: The War of the Worlds and Fate of the Dollar

Gold historically was the underlying monetary system until recently. Modern tech is by far, more important than gold now, and isn’t essential currently for a reserve system, as tech is much more important to underpin an economic system. Institutions and govts will take tech over gold now .

As long as this exists, and the tech infrastructure is priced and sold in USD, the USD remains supreme worldwide. This is what is actually still underpinning western global dominance and enabling American power. Not any other reason most people espouse.

In the short term they will have to do some form of yield control, but they need rates to be high enough not to have the currency slide too far relative to the rest of the world. They are then going to have to print the difference.

In TechDollar 1, I explained that the world was bi-frucating into two systems. The countries that were producing real physical goods, and the tech and financial infrastructure of the world. That this underlying system was going to cause friction as the financial structure is currently set up to absorb real wealth from the productive countries and t... See more

The delta between the value of the modern tech infrastructure, and the price they are selling their products at, the USD will remain supreme until this ends. To think of it another way, ask someone how much you would need to pay them to not use a modern smartphone/iPhone. Or ask a business how much they would have to be paid to not use modern weste... See more

My opinion is that should the US dollar fail, or lose in a global conflict, there is a possible competitor to the dollar, but that this isn’t enough to supplant the dollar as the global reserve currency. At least not within the next decade, which is what matters to most reading this. The BRICS system doesn’t have the unique economic requirement, no... See more

With the rise of the amount of money that these tech giants are making, and the international nature that they are now able to operate at, the one risk that i’ve only seen myself talk about is the rise of corporate sovereignty.

This hasn’t really been a major issue really since the East India trading company. However with how big and how much power... See more

Reserve currencies since we have understood them have been intertwined with the geopolitics as much as the economics of the system that sustains it. Which is why the incumbent generally converts that economic power to military dominance. When faced with a challenger, the up and coming competitor must unseat and surpass both the economic and militar... See more

The last 40 years have been us trying to convert the world to liberalism(our new incumbent system), to attempt to ensure global peace. The reverse of this will now begin to occur, and many will be very surprised, (especially China and Mid-east) at just how ruthless the west will be in regards to the countries aligned against the America/western sys... See more