@griffith @jimmybuffettfanaccount What kills a lot of empires is sudden change. Us system if they didnt release covid, printed double of what they had in existing money, then turned the rates up to 30 year highs, would have been fine. All they needed to do was ask europe japan and china to buy more usd. The inertia would have keep everything working as intended, corrupt and weak as it is.

Then comes trump at the tail end of easy money throwing policy reform around like his life depends on it. Suddenly "our dollar strong because aircraft carriers" doesnt do the job anymore. People get curious and actually checks.