Golden Age Better Include Free Markets or it will Fail Miserably
Golden Age Better Include Free Markets or it will Fail Miserably
Bix Weir: 1-23-2025
The prospect of a second Donald Trump presidency has ignited a fierce debate about the future of the American economy.
Proponents envision a return to prosperity and a “golden age,” but critics raise concerns about the policies that might underpin such a vision.
One crucial element often overlooked, yet central to any sustainable economic success, is the health and freedom of the free market.
While promises of growth and national strength are appealing, they cannot be achieved without a system that fosters genuine competition, reduces government interference, and allows the invisible hand of the market to work its magic.
The provided alert goes a step further, arguing that the very survival of free markets in the USA is contingent on dismantling the current global fiat financial monetary system.
This is a radical perspective, one that calls for fundamental change and asserts that incremental tinkering will not suffice. The core of this argument rests on the belief that the current system is inherently flawed, prone to manipulation, and ultimately detrimental to the principles of a truly free market.
One of the key grievances highlighted is the issue of “Official Derivative Market Rigging.” This refers to the belief that certain actors, potentially powerful financial institutions with close ties to governments, are manipulating derivative markets to their advantage, distorting prices and creating instability.
While such claims are difficult to definitively prove without more transparency, the underlying concern resonates with many who feel the current financial system is opaque and favors the powerful over the average investor and entrepreneur.
The idea of tearing down the existing global monetary system is undoubtedly controversial. The fiat system, where currency is not backed by a physical commodity like gold, is the globally accepted norm.
However, critics argue that it allows for unchecked inflation, creates moral hazard, and empowers central banks to wield too much control.
The call for its destruction isn’t necessarily about advocating for a return to the gold standard; rather, it’s a demand for a more robust and decentralized system that is less susceptible to manipulation and better reflects the principles of free market competition.
The prospect of a Trump “golden age” is not guaranteed. It is inextricably linked to the vitality of the American free market.
While drastic proposals to dismantle the global fiat system might seem extreme, they highlight genuine concerns about fairness, transparency, and the potential for manipulation within the current financial architecture.
Ultimately, a truly prosperous and sustainable economy requires a foundation of sound monetary policy, robust competition, and genuine freedom in the marketplace – achieved through reforms, regulations, and a system that promotes integrity and transparency, rather than relying on potentially destructive dramatic actions.
Therefore, focusing on fostering these fundamental principles is paramount, regardless of the specific direction the Trump agenda takes.