Trump-Musk crypto-fascism

The narrative is: Trump is pushing against Fed Chairman Jerome Powell which is weakening the US dollar. But for what purpose? Why does Trump want Powell replaced? Let’s be clear: Trump doesn’t care about the stock markets, the trade deficit, a strong dollar, or the nearly $37T national debt. These are vehicles Trump first appeases, and then uses to impose his will– nothing more. If you asked Trump to explain his tariffs and what impact they have on the US dollar, etc, he would just mumble more garbage, because he doesn’t really understand or even care.

The all-mighty bond market only gets Trump’s attention when it is under duress and JPMorgan Chase CEO Jamie Dimon speaks out. Apple complains about China tariffs hurting iPhone sales and the tariff gets withdrawn, etc, but that’s as much as Trump will acquiesce. He still holds a gun to all their heads and no one knows what he will do next. How is this to be explained?

Historically, Donald Trump only invests in his own ventures (real estate, casinos, airlines, reality TV, etc), and currently the Trump family is all-in on crypto. This is revealed in two separate, but related macroeconomic processes: the rise in the price of gold & a surge in bitcoin.

Gold is anti-crypto. Gold has had material use value for eons and thus will continue to retain its value. Gold can be used for dental fillings, jewelry, conductors & semi-conductors, etc. Gold doesn’t tarnish or rust, and it highly malleable, having many industrial uses. Gold is where wealthy crypto skeptics are putting their money now, which accounts for its increase, as the stock & bond markets continue to be under pressure from the tariff policies of Trump-Musk crypto-fascism.

Trump calling for the removal of Fed Chairman Jerome Powell is nothing less than a power struggle to control the global money supply. In simplistic terms, Powell & the Federal Reserve Bank represent the CIA Democrats & Warren Buffet, ie- traditional capitalist finance. Trump-Musk crypto fascism is something new, a bankrupt attempt to redefine what money is. It’s a struggle to the death between these two camps of elite capital, and it’s still undecided.

If the Fed decides to raise interest rates another point or two, then bitcoin death spirals to zero– meaning the end of crypto. Bitcoin-to-zero is the dagger that kills Trump-Musk crypto fascism. This is at the heart of the current Trump-Fed conflict.

Trump tariffs are provoking the most serious conflicts among elites, most of which are kept behind closed doors. Media leaks are become prevalent on White House crypto policy as the crypto-fascist character of the Trump-Musk administration becomes more & more clear to everyone.

Crypto-fascism is a secret & murky form of political-economy where foreign/domestic policies & intentions are kept hidden from the public and are increasingly paid for through illicit crypto back-channels. Trump-Musk connections with El Salvador’s president are among the most striking examples, yet to be fully uncovered. Crypto is now seeing massive inflows of billionaire capital to prop up the flagging industry, which entirely accounts for the rise in bitcoin.

Crypto elevates fascism to an extreme level of unaccountability, which is the political danger. Traditional financial paper-trails are eliminated by virtual wallets & private blockchains. It is extremely difficult for investigators, who aren’t familiar with computer coding, etc, to follow the money in crypto– and that’s by design.

Trump-Musk crypto-fascism is what follows the Biden-Harris plutocracy. It is the next logical step in the illogical process of late-stage capitalist degeneration. Today we exist in a fake economy that produces little innovation & value in every sphere: education, healthcare, art, film, music, sports, manufacturing, technology, etc. What is valuable, such as AI technology, is monopolized by big capital and used against the workers. The economic wasteland, created by decades of bipartisan class war, has opened up the terrain for Trump-Musk crypto-fascism.

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Bibi & the bond market

In Israel, at least one-third of Jews oppose Bibi & his criminal Zionist regime. Anti-semitism is defined as hated & persecution of Jews. Jews in Israel who oppose Zionism are branded ‘antisemitic’ in the Western propaganda media, which is nonsense. Jews for peace in Israel are dismissed & marginalized because they don’t correspond to the interests of Western imperialism.

Photo credit: Matty STERN/U.S. Embassy Jerusalem

Benjamin ‘Bibi’ Netanyahu is a Jew who is a Zionist. Bibi is a criminal because he is the leader of a reactionary tendency that uses the Holocaust as political cover for genocide of Palestinians in Gaza. This is a class issue– first & foremost. Bourgeois politicians & its corporate media partners are the capitalist class that consciously introduces nationalism, racism, religious fanaticism, feminism & sexual orientation into politics– as a tool to divide & disorient the international working class.

You may have seen the term “left anti-semitism” come into the fake media recently. To start, “left anti-semitism” is an oxymoron, a political big lie. It is the technique of the Black Hand– the elitist hidden class that runs US intelligence & the military through Wall Street finance.

Current US national debt is over $34.5T. This debt created & inflated the global bond market, the most powerful expression of capitalism. The bond market is all-powerful & can not be defied under capitalism. The bond market decides US elections long before voters go to the polls in November. But when a revolutionary & united international working class says, “We the working people of the United States & the rest of the world, are canceling all monies owed to the super-rich and declare ourselves debt free,” that will kill the bond market. That’s a revolution. The rest is BS.

For those who ask (and I’ve been asked), hyperinflation is defined as rapidly rising inflation, typically measuring more than 50% per month. Right now inflation in the US (depending of whose numbers you read) is 5-10% annually. If US inflation reaches even 20% annually, there will be masses in the streets demanding serious change, because most people can’t afford even those price increases.

Hyperinflation happens in the third world, with Turkey being the latest example. The third world is where the US State Department & CIA exert their nefarious influence to make sure things don’t get out of control as far as workers organizing, etc– all under the banner of “fighting communism.” This keeps Wall Street happy, and makes sure the trains run on time.

The main issue with inflation is workers’ wages, which aren’t keeping up with the cost-of-living. The Federal Reserve Bank has tools to prevent runaway inflation through interest rate hikes, but this cools the economy by putting people out-of-work, which increases the available labor pool and thus suppresses workers’ wages. This is a downward spiral for which bourgeois economists & politicians have no answer.

One last point, whenever you read the Fed is “fighting inflation” by raising interest rates, what they really mean is they are trying to control the inflation of workers’ wages. The price of sellable goods going up (traditional inflation) means more money for corporate, which is good according to the Fed. But a rise in workers’ wages cuts into corporate profits, and therefore is unacceptable “inflation” which must be squashed.

You can not defy the bond market or the Federal Reserve Bank, which transcend political parties & their puppets. You can’t protest against it to any effect. This financial oligarchic set-up is the real power that is oppressing humanity & destroying our planet. You can’t compete playing their game, because everything is rigged for them to win, until everyone loses.

Organize the revolution by thinking outside-the-box. Assume that 100% of what you see & hear in the corporate news is fake. Learn to understand the motive behind the lies, and ask out loud, “Who benefits?” These corrupt institutions, which control the critical levers of capitalist power, rely on being hidden & unaccountable. As soon as sunshine is cast upon their numerous misdeeds, they lose their moral authority to rule.

Political philistines have this notion that revolutionary leaders are the ones who browbeat politicians, chant slogans at rallies, or bang their fists in fury in the tradition of Che Guevara, when history has proven that to be a reactionary dead end. Revolutions aren’t negotiated by liberals and they don’t come from a gun barrel, although guns are always necessary to defend revolutions against liberals who are with the fascist bourgeoisie trying to strangle it.

The bourgeoisie will always seek to attack & kill revolutions with all their venom & hatred, and this must be met with firm & unwavering workers’ resistance with a will-to-win in permanence. Revolutionaries are the ones who educate people by telling them the truth in all things. This has always been the true definition of a revolutionary.

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