Off the Head Top

I am reading closely economic posts of naked capitalism.  I need them, theirs Yves Smith’s contacts to think through the details of the Insurodollar. I do think that the Insurodollar is the right currency to adopt to compete with the Petrodollar.  My notes in the desk side steno pads are voluminous.  The Economist at NCSU has not gotten back with me.

There may be fear that amongst deeper thinkers that the Insurodollar would make more populous nations richer.  It will depend on the value of the Human Capital as represented by their ability to work anywhere in the world.  The insurodollar demands investments in the form of healthcare and education of your citizens.

There is no way in hell that the environmentalists will beat the Petrodollar Imperative as long as it is in place.   You can bet on that.

Nixon and Kissinger gave us the gift of the Petrodollar.   It has had a good run, and the US is in the catbird seat, capable of waging economic warfare anywhere in the world.  The Euro is wreckage as shown by Greece.   I offer the Insurodollar, a currency that creates inheritance instead of taking it away and giving it to elites of some Party.  The nationalistic character of the Insurodollar is superior because it creates loyal citizens.

Some may hate it for that, or the fact the Insurodollar gives Labor leverage with capital.

 

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About Russell Scott Day

I come from sailors and priests. My aim is to prevent apocalyptic riot, better known as nuclear war, when I was growing up. Creating a nation of airports will create the peace enough environment to prevent apocalyptic riot. I had a vision due to a period of boredom and bliss like the Aleph of Borges. That is the story I learned and was made up and happens.