US Dollar's 'Eroding Trust' Doesn't Mention Trillions for Endless Wars
The piece highlights gold's record rally, drawing parallels to 1979 and noting global central banks diversifying away from the dollar. One wonders if the 'uncertainty' mentioned might include the U.S. having burned through $8 trillion on post-9/11 wars —costing taxpayers, not just 'investors,' a fortune while domestic infrastructure crumbles. Axios quotes experts on 'what makes the U.S. special,'
but avoids asking if perpetual warfare and unchecked military spending contribute to global skepticism. Perhaps the 'weaponization of economic policy' (a nod to sanctions and asset freezes) isn't just an abstract concern for 'the rest of the world' but a direct result of these fiscal priorities. When trillions are funneled into what some critics call endless conflicts, it’s not just a 'trade war'
or a 'government shutdown' eroding trust; it's the prioritization of military adventurism over financial stability that makes global investors—and citizens—nervous. After all, you can't print trust, only more dollars.