Joe Biden and The Modern Democrat Party Clearly Seeking To Make America Energy DEPENDENT: Bidens sanctions relief included allowing Chevron to ship oil from Venezuela – December 5, 2023,
I had read about Joe Biden’s energy strategy, which oddly enough feeds into the notion that the 2020 U.S elections were fraudulent and Joe Biden is a puppet for the globalist elites. But I digress. When I read the details of the Biden agenda, I’m reminded of how reliant left-wing politics in the developed world are on the strength of their fiat currencies.
One of the reasons Argentina as an example, has constant hyperinflation problems revolves around the size of the federal government and its labor union culture, which involves a lot of price controls. Just so you understand what I’m referring to when I write about price controls, I’m referring to FIXED wages that keep up with inflation as price controls.
So if inflation goes up or if the fiat currency is debased, causing consumer price inflation, all UNIONIZED employees are given a pay raise proportional to the inflation rate. What this equates to are huge problems as far as international trade is concerned if there is NO demand for your country’s fiat currency.
In countries like the United States, there is currently a massive demand for U.S. dollars, which allows the United States politicians to EXPORT jobs without consequence. One of the reasons China is an economic powerhouse today is because of the Union culture in the United States.
The Biden administration eased restrictions on Venezuela’s oil sector in November following tentative progress achieved in Mexico City between the Maduro government and the political opposition, called the Unitary Platform, representing the 2015 National Assembly.
That was part of a White House strategy to encourage Maduro to take steps toward democratic reforms. The sanctions relief — valid for only six months — allows Chevron to ship oil from Venezuela to the U.S., and the proceeds are not expected to directly benefit Venezuela’s state-owned oil company or the Maduro government.
Biden’s Venezuela strategy upended along with US-backed opposition | TheHill
In 2021, around 2.85 million people worked for the Federal government, but what’s often ignored is that 18.28 million people were working for state and local governments in the United States, why this matter is that ANYONE working for the government is likely going to be looking out for their own personal interests and will, therefore, often, often support the expansion of government, which often includes expanding the WELFARE STATE.
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Energy is very important to the standard of living in western nations, meaning that as America decides to be more reliant on foreign energy, it’s giving up its sovereignty as well as its position to negotiate with other nations.
With all of his faults, Donald Trump gave those of us interested a glimpse into what a well-run government COULD look like. Donald Trump restructured the arrangements the trade agreements the United States had with other nations, and most of these negotiations seemed on the surface to be COMMON SENSE based.
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Joe Biden, on the other hand, is a return to the old PROBLEMATIC ways of doing things, which initially we all imagined was the only way to negotiate, but now we’re starting to realize that maybe these politicians are idiot incompetents that are either bought and paid for or ignorant of how business works.
A reminder that most of Donald Trump’s life was spent in the private sector, so he understands how to negotiate with LIMITED resources, whereas most politicians imagine the U.S. having unlimited resources.
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As a young person, I used to imagine that the government had unlimited resources and unlimited power, but most people never come to realize how powerless the government is. Furthermore, you have to remember that the government’s goal is to brainwash you into becoming DEPENDENT on it. The problem with the social engineering that comes with brainwashing is that humans tend to take the path of LEAST resistance, which will inevitably ACCELERATE an economic downturn.
It’s now come to the attention of many that it’s more beneficial to be on welfare than to give an honest day’s work in America; what does this mean economically? Well, it could mean that consumption could take a massive hit as more Americans consume less to live within the means provided to them via a government welfare check.
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This unexpected behavior will change the global economy, namely, the producers of things, who will like to change their patterns to adjust to the new normal in America; the goal is to extract more money from the consumer, and even if the U.S dollar remains the best fiat currency, it doesn’t mean that the countries who produce the things that Americans want, won’t raise their prices while making certain goods and services more scarce.
OPEC+ will often cut supply to raise prices; I expect this strategy might start spreading to other industries; while most see price deflation, I expect that consumer prices will continue to rise and certain products and services simply won’t be available anymore. By not available, I mean they’ll be out of reach for the average U.S. consumer.
It’s happened in the past where shortages of certain things happened and were simply phased out or only found in regions of the world where they were hot sellers. Although the end of the U.S. dollar doesn’t appear to be happening right now, I do see a global shift and a change in attitude, which will likely lead to the world slowly moving away from the modern fiat monetary system.
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With that said, socialism is still a dumb idea wherever it’s tried, so this global shift doesn’t necessarily equate to developed nations becoming developed; it just means that people with a POOR STATE of mind will likely find themselves poorer in the years ahead, regardless of what country they live in.
Interesting times ahead