Spare me the logic that our military preserves the value of the dollar.
..........
The dollar is floating upwards because the US has pumped about 800,000 barrels a day more for each of the last three years. The USA is on track to increase production by the same amount for each of the next 6-7 years. That means the US becomes not just oil independent but an oil exporter.
This also means that the dollar floats upwards and kills both the price of oil and gold. If you were around during the OPEC embargoes of the 1970’s —what we’re experiencing is that decade in reverse.
Only two other countries have experienced this kind of massive growth: the saudis between 1968-1975 and the Russians between 2002 and 2007.
Yours is the only correct post on this thread. It is our new Oil and Natural Gas finds that has prevented and MAY STILL prevent this things from going all sideways in a bad way. Oil and Gas are as rock solid of assets as Gold and Silver. We would have already been broken by now without this boom. The Wehrmacht Republic did not have such resources. If Oil and Gas can double or triple, if the Keystone Pipeline can be built, then we could sustain the unimaginable 25 trillion in real debt. Not forever, not much above that. And a contraction via inflation will STILL happen. It just will not be the SHTF most believe it will be.