Will “Isolating America” and “Draining the (U.S. Constitution’s) Swamp” End the U.S. Dollar as the World’s Reserve Currency?

What would happen to the U.S. dollar if Trump and Bannon succeeded in “Draining the (U.S. Constitution’s) Swamp”?

Trump has never defined what he meant by “Draining the (U.S. Constitution’s) Swamp,” but his closest advisor Steven Bannon has. Bannon has said, “I’m a Leninist. Lenin wanted to destroy the state, and that’s my goal, too. I want to bring everything crashing down, and destroy all of today’s establishment.”

The Lenin that Bannon referred to was Vladimir Ilyich Ulyanov, better known by the alias Lenin, who was a Russian communist revolutionary, politician, and political theorist.

And in the United States, the state is defined by the U.S. Constitution. That document is the law that guides America. To destroy the state means the end of that Constitution.

As long as the U.S. dollar is viewed as a stable currency, it will remain as the world’s reserve currency but trust in the United States is being quickly eroded by mentally ill, twitter fingers Donald Trump with advice from his handler, Leninist (Communist) Steve Bannon. But if Trump, and Bannon, causes the world to lose trust in the United States and that reserve status is lost, the results would be a major currency devaluation and a drastic standard of living adjustment down.  That could well be a catastrophe for the United States and for the nations that hold their wealth in American dollars.

What is Trump doing to lose trust in the United States?

Roger-Mark De Souza, writing for the Wilson Center, says, “A lack of U.S. government support for the Paris climate agreement will mean that the United States will further isolate itself from international collaboration and cooperation on multiple fronts. It will affect U.S. security, the provision of jobs; U.S. business operations, and U.S. diplomatic efforts. The agreement, because it has a broad basis of support, will continue with or without the United States.”

What else has Trump done to destroy America’s relationship with its long-time allies and friends around the world? Watch the videos to discover answers to this question.

Oil Price.com reports The Clock is Ticking On The U.S. Dollar As World’s Reserve Currency. “Nobody plans to give way as keeper of the supreme currency, so there is no schedule to follow and no way to know when the torch will be passed from the dollar to the Yuan … history has shown that the shift comes suddenly, usually in the heat or aftermath of war. … It should be clear now that the reserve currency status is neither a birthright nor a privilege that stays forever in one place, which means it isn’t a question of if China will replace the U.S. as title holder but when. … What should no longer be unthinkable is that the clock is ticking on America’s status as the holder of the reserve currency.”

“The demise of the dollar will also bring radical changes to the American lifestyle,” Victoria Crowmberg says. “When this economic tsunami hits America, it will make the 2008 recession and its aftermath look like no more than a slight bump in the road. It will bring very undesirable changes to the American lifestyle through:

  1. Massive inflation,
  2. High interest rates on mortgages and cars,
  3. Substantial increases in the cost of food, clothing, and gasoline and
  4. A much harder time financing its debt.

Right now, there is a huge demand for U.S. dollars and for U.S. government debt since countries around the world have to keep huge reserves of U.S. currency lying around for the sake of international trade but what if … the appetite for U.S. dollars and U.S. debt dried up dramatically? That is something to think about.”

_______________________

Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran with a BA in journalism and an MFA in writing, who taught in the public schools for thirty years (1975 – 2005).

Where to Buy

Subscribe to my newsletter to hear about new releases and get a free copy of my award-winning, historical fiction short story “A Night at the Well of Purity”.

The Latest Trump Twitter-Tantrum Alleges the Press Isn’t Covering Enough Terrorist Attacks

The world, except for Russia and North Korea, is concerned. The UK’s Independent reports, “More and more mental health experts are sharing their diagnoses to warn the public.”

The malignant narcissist President Littlefingers (this is the street name I gave him) Donald Trump’s latest Cry Wolf, the Sky is Falling, is that the media is ignoring attacks by Islamist militants in Europe. He acts like an infant in diapers crying for another piece of candy, another sip of soda, and when he doesn’t get what he wants, he gets angry and often Throws another Twitter Tantrum spewing more lies; more misinformation.

Foreign Policy Magazine said on February 7, 2017, the White House “released a list of 78 terrorist attacks it claimed were not widely reported. The list included the attacks in Paris, Nice, San Bernardino, Brussels, and Berlin that received massive, wall-to-wall coverage in print and broadcast media.”

The Daily Wire lists 101 of Trump’s Greatest Lies. “But there’s only one truly massive liar in this race: Donald Trump. When Politico attempted to measure how many lies Trump told over the course of 4.6 hours of speeches, they found that he lied, on average, once every five minutes. When Huffington Post catalogued his lies over the course of just one town hall event, they came up with 71 lies.”

And this is from the popular-vote losing President of the so-called free world. The biggest documented liar on the planet rants that the press is very dishonest.

Reuters, a European news service, reports, “Trump at one point cited attacks in the French cities of Paris and Nice, which were widely covered.”

During the election campaign, Littlefingers often claimed the election was rigged but if the won, it didn’t matter. The UK’s Daily Mail reported, He (Trump) joked about voter fraud and said it would be ‘okay’ for people to cheat because he might actually benefit.

During the election, the malignant narcissi said he wouldn’t lose his (deplorable, ignorant, racist, biased) supporters even if he shot someone dead in Times Square in front of thousands of witnesses.

When this tantrum-throwing toddler claimed the election was rigged, he was right.

There was widespread voter suppression of minorities in several Republican-dominated States. The Atlantic reported, “Trump’s ‘Voter Suppression Operation’ Targets Black Voters. Even as the Republican launches a purported African American outreach campaign 12-days before the election, his aides say their goal is to depress turnout in the bloc.”

The Republican Party helped. Think Progress reports, “Republicans were wildly successful at suppressing voters in 2016.”  … “Their systematic disenfranchisement was intentional and politically motivated. In the years leading up to 2016, Republican governors and state legislatures implemented new laws restricting when, where, and how people could vote — laws that disproportionately harmed studentsthe poor, and people of color. In several instances, lawmakers pushing such policies said explicitly that their goal was suppression of voters who favor the Democratic Party.”

Using the internet, an operation approved by Vladimir Putin, Russians tampered with the election by spreading gossip, rumors, and lies, to mislead as many American voters as possible. Reuters reports, “For Russia, U.S. election meddling claims strip Trump win of luster.” … “The belief, widely held in the West, that the Kremlin helped discredit Democratic rival Hillary Clinton by orchestrating embarrassing media leaks, has relegated U.S.-Russia relations to a post-Cold War low and stoked fears Russia will try to subvert French and German elections this year.”

In addition, the director of the FBI, a life-long conservative, released information on investigations of Hillary Clinton’s e-mails before those investigations were concluded. The FBI and police do not release information for ongoing investigations. This was a first. After it was too late, those investigations concluded there was nothing to take to court.

Media matters reports, “The recent FBI leaks about the bureau’s investigations surrounding Democratic presidential nominee Hillary Clinton are “dangerous” for democracy and “unprecedented,” according to FBI historians and former agents who tell Media Matters that the leaks harm the FBI’s reputation and unfairly influence the presidential election.

Rewire says, “Our democracy is in danger. Within a day of taking office, President Donald Trump began spewing lies right and left on national television. He has threatened freedom of speech and of assembly by attacking both journalists and protesters. And he’s repeatedly and falsely claimed there was massive voter fraud in the national election, setting the stage for another round of voter restrictions. White House senior adviser Kellyanne Conway calls the administration’s lies ‘alternative facts,’ but what we are really seeing is propaganda, conspiracy theories, and lies.”

The Republican Party holds the majority in both Houses of Congress and is doing little to nothing to safeguard the U.S. Constitution from its lying, con-man president who won an obviously rigged election that favored him.

Everything most of the people of United States want to believe in about their country is at risk. Everything!

Business Insider tells us the United States has 1,920 deployed nuclear warheads and another 5,380 warheads in storage ready to use. This malignant narcissist of a president always has his little fingers close to the button that launches those missiles.

_______________________

Lloyd Lofthouse is a former U.S. Marine and Vietnam Veteran with a BA in journalism and an MFA in writing, who taught in the public schools for thirty years (1975 – 2005).

Crazy is Normal promotional image with blurbs

Where to Buy

To follow this Blog via E-mail see upper left-hand column and click on “FOLLOW!”