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Comment by mikewarot | Hacker News Reader

In less than a decade, the Dow will likely go over 1,000,000. (Because the Dollar is about to tank)

I used to believe the unwinding of the Petrodollar would take a generation, it's now likely to happen this year.

Trump's wild late night rants threatening civilian infrastructure gave all the cover Iran needed to take out the infrastructure of any of our allies that have US connections or bases. The effects of those attacks on infrastructure already completed will take years, if not decades to repair.

The US, like Russia before it, has shown itself to be a paper tiger.

We need to get the Epstein class out of government at all levels, deal with the consequences of the return to hard currency, and rebuild what we can of our nation.

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> I used to believe the unwinding of the Petrodollar would take a generation, it's now likely to happen this year.

Why do you think the specific regime change targets of Venezuela then Iran, and the oil blockade of Cuba? Look at the volume of oil and natural gas from Venezuela and Iran. Look at how much is imported to Cuba. Now, look at what currencies they were using or trying to use instead of the US dollar.

Now, also, look at the extraction and refining capacity in the Middle East that has been destroyed or badly damaged in the past month. Different oil fields produce different types and grades of crude. The US mostly produces sweet light and sweet intermediate crude on land. The US gulf coast has a big refining capacity for sour heavy crude, which is the main exported kind from both Venezuela and Iran. The US right now after all the attacks on Iran and by Iran on US-friendly countries (along with Ukraine damaging capacity in Russia as part of their war) has a huge advantage in LNG production and in refining the very type of oil from Iran and Venezuela.

Put that all together and it looks like rather than only distracting from pedophilia (which is one motive for all sorts of things the administration does) and trying to culturally and ethnically purge the United States that there just might be another reason for all of these things happening within about a quarter. It could be assumed that the guy who said we were going to have a US as the energy leader of the world and who brags about all the access US companies can now have to Venezuelan oil might be trying to prop up the petrodollar through expeditionary warfare.

USD is actually stronger these days... I know since I receive USD as payment and convert them to EUR

USD is currently weaker than EUR. That's been the case since before 2016 except for one little dip in late 2023.

It's been trending upward since 2025.

So I have no idea what metric you're using but no, this is objectively not the case.

This is likely due to the fact that oil is up. These things are a bit sticky and transfer a bit of momentum to each other.

If Oil goes the USD follow suits thanks to Petrodollar. This will happen until it's still easier to trade oil in dollars.

$100 will buy €87. On January 1st 2025 it bought €96

Had you bought $1000 of S&P on Jan 1st 2025 you'd have $1070

Had you bought $1000 of EUR on the same day and put it under the bed, you'd have $1100

$1000 in DAX in Euros would be $1250 today

The Gulf countries are dumping their gold reserves and buying dollars, that put a momentary halt on what was a steady declining trajectory for the USD. But since this blip isn't caused by structural reasons (nothing changed in the US economy), it will only last as long as these countries have gold to sell.

20x inflation in 10 years? I don't see it. Even unwinding the petrodollar won't do that.

At some point, the only thing that will arrest the fall of the dollar will be backing it with gold, at a MUCH higher price, such that all the dollars outstanding match our gold reserves. It would be somewhere between $50,000 and $150,000 per ounce.

Paper Tiger? they just obliterated Iran and have most of the nukes, advanced military tech and AI tech. So no.

And yet, what have they achieved?

Iran's power structure is unchanged. Oil is more expensive than in a long time. American alliances are fraying. Iran now exerts control over the Strait of Hormuz.

All this has done is to expose the limits of hard power, America's biggest asset.

No one really knows what Irans power structure looks like right now. The supreme leader is in hiding and apparently is only communicating in person, but other leaders are doing the same, and all are scared of getting together.

So it seems more like there is a splintered regime of autonomous cells all kinda doing what they think they should be doing. Whatever general controls the revolutionary guard around the strait could defect tomorrow and sell out to the US, becoming president of his own little carved out country without anyone to really stop him. We known Trump would be falling over himself to make that deal right now.

The very best result the US could get now would be the equivalent of the JCPOA, which it already had and tore up.

JCPOA was negotiated under the leadership of the EU, all Trump has done is shown that the EU's soft power is more effective than American hard power.

You literally launched a war on cheap oil.

Trump is the biggest environmentalist terrorist on the planet. Blow up a few schools and cause the world to double down on cutting out their oil usage.

It would be hilarious if people weren't dying.

> We need to get the Epstein class out of government at all levels.

This won’t be achieved without extreme violence. These people are entrenched in some of the most powerful positions in our globalized world.

The US constitution has 2nd amendment exactly for this purpose. Just start the extreme violence already.

These people are killing tens of thousands of people to gain personal wealth and to cover their existing crimes. Maybe millions, if they aren't stopped.

> We need to get the Epstein class out of government at all levels

Okay, I'll assume you're serious about it. If so, the only real way you can contribute this is by 1. Voting for anyone running on this platform at any chance you get, no matter their likelihood of winning 2. _Never_ voting for anyone _not_ running on this.

You can do more than just your vote though. Remember you also have a voice, you can help campaign, organize, etc.

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