I was just listening to him right now while reading the forum with a coffee and saw this post. Yanis is one of the few politicians that I am aware of that doesn't disgust me...
Peter Navarro, Trump’s senior trade adviser, has an alter ego that is helping to push his pro-tariff policies in the White House. Ron Vera, the made-up scholar frequently quoted in Navarro’s books, is supposed to be used for “entertainment value” and not a “source of fact,” per Navarro. In a fake bio, Navarro describes Vera as a military veteran and Harvard-trained economist. https://www.instagram.com/reel/DIPSaWsx2Ye/
So if all that Yanis mentioned in the video went down the meat grinder correctly, I suppose what he's saying is to control the dollar just enough to: Juice exports Force foreign dollar hoarders to do something with their stash (buy Treasuries, invest in US assets, or even reshoring supply chains) Erode debt in real terms without spooking domestic voters too much But this is old-school imperial thug stuff dressed up in modern markets. When the US weakens the dollar while forcing foreign holders to either (1) buy Treasuries or (2) invest in America, it’s basically exporting the cost of its own dysfunction. It's like saying: “Sure, I’ve got a mountain of debt. But guess what? You own half of it. And if the dollar drops? Congrats, your savings just got haircut by 10% while I inflate my way out of trouble.” It’s elegant in a mafia sort of way. So what does this look like in practice? Weak dollar + high debt = Imperial squeeze play: Dollar devalues → US debt shrinks in real terms → US exports get more competitive For the feigners sitting on dollars, their purchasing power erodes unless they do something with those dollars fast. So what can they do? Oh look what we have here? Treasuries still yield better than negative-rate Europe or imploding China. Or *hint hint* you can build a factory in the US if you want real returns. Either way → US wins by default, because the world is trapped in dollar dependence But here’s the knife’s edge: Too fast a dollar collapse = global panic, capital flight, hyperinflation risks Too slow = status quo drags on, debt keeps ballooning The art is in bleeding foreign holders just enough to keep the system rolling without blowing it up. But, from how things are going, Trump (and now probably everyone behind him) seems to want to accelerate that bleed—tariffs, reshoring, currency jawboning—all roads lead to forcing dollar velocity. Spend it, invest it, or lose value sitting on it. It's dirty, it’s risky, but in a weird way. It can work only if the US stays the least ugly house on an increasingly ugly block. But long-term? It’s a game of chicken with the rest of the world. Keep exporting debt and inflation until someone calls your bluff. The only problem is nobody’s built a credible alternative reserve currency yet. Let that sink in for the rest of the world.
Just goes to show you how much of a joke these tariffs are... I can guarantee you that in 5 years we will not have any made in america products being produced here. It's nothing but political garbage!!
In reading the comments, this popped up: "I find it curious that so much attention is being placed on tariffs, when in reality, this entire operation has little to do with the U.S. trade deficit. Just days ago, the digital Yuan went live in 10 ASEAN countries and 6 Middle Eastern nations. Transactions have already exceeded two trillion USD, settling in just 7 to 10 seconds—compared to the 3 to 4 days required by the SWIFT system. This new cross-border payment system directly rivals the Western financial infrastructure and significantly reduces the vulnerability of participating countries to U.S. sanctions. At the same time, we’re witnessing a massive sell-off of U.S. bonds that began in Q1 of 2025 and is now rapidly accelerating. What’s really happening is a coordinated move to disarm the U.S. of its most powerful weapon: financial dominance." asked perplexity about it https://www.perplexity.ai/search/do-a-comparative-analysis-of-t-lKcW7nysSKOUpcSXroNGGA China's digital yuan (e-CNY) cross-border payment network and the SWIFT system now represent competing visions for global finance, with profound implications for economic power structures. Here's a technical and geopolitical comparison:
Interesting, I heard about the digital yuan launch. But what's stopping the west from doing what China did with manufactures and just copy them.