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this post was submitted on 22 Sep 2025
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I understand the argument about Trump and all of his class allies using this period to loot what is left and consolidate control but I don't buy that they are deliberately destroying the imperial institutions that took centuries and oceans of blood to build and maintain.
I don't think they want to forfeit the US dollar's "exorbitant privilege" yet it is rapidly slipping away. I know for an absolute fact that they are howling with rage at the rapprochement between India and China. Do you think as I do that the empire is hurtling towards hyperinflation and a sovereign debt crisis? If so, how would that give the imperial elites more power?
I don't think hyperinflation is going to play out for us the same way it will for them. They own the means of production, the assets, the private property. Inflation has always been coming out of our pocket while they benefit. I don't see that changing anytime soon. They are in a position that allows for much more flexibility and agility on the global stage than the rest of us have.
As for the imperial institutions, again I don't think they're going to be isolationists, but they will follow the money. And if the wheels fall off in the process, I can't really say that's much of a change than the US has been doing for decades. Look at the F-35. Or from my own personal experience, half the navy fleet has always been on fire. Seriously. I was on a ship 20 years ago that had a fire every other day. The US military has never been a well oiled machine, they've just had good PR.
Edit: lol, do you remember when we first invaded Iraq post-911 and people were donating body armor to soldiers?