The (Almost) Bulletproof Plan to Take Down America — and How to Stop It
There is a nearly foolproof plan underway to crush the United States and bring it fully under fascist rule. In recent months, this chorus has been on repeat:
- “Federal overspending has pushed inflation to new levels.” This claim, which is not backed up with data, connects two facts in a misleading way. Yes, the Federal government, under Trump and Biden, authorized significant stimulus spending to help with the severest effects of the pandemic. These efforts were mostly successful. And while there has been significant inflation over the last year, there isn’t much evidence to suggest that COVID stimulus did in fact lead to inflation.
- “Gas prices are too high, hurting everyday people at the pump. And it’s Biden’s fault.” Yes, gas prices are very high — in every country in the world — places where Biden is not president. Regardless of whether gas should be as cheap as it was (we need to get off of it entirely), we certainly are dependent on it now. So this has real-world effects for everyday Americans, but importantly the costs of all goods. Including food. But oil and gas companies are realizing record profits, suggesting that high prices are not a result of supply shortage, but rather discretionary profit-taking.
- “The Fed needs to raise interest rates to keep inflation in check, since it lost control of the economy.” This is another logical fallacy. Arguably, near-zero interest rates were not a great thing for the economy anyway, and we saw a lot of speculative bubbles (like the entire crypto market, more on that later) arise from this policy. But the Fed can raise interest rates to 10% and it won’t make a damn bit of difference to fuel prices, which are actually behind the inflation.
- “Wow, the Fed sure is raising interest rates aggressively and nothing is getting better… this is going to kill the economy.” This is because the inflation is coming primarily from profit-taking in the energy sector and supply chain imbalances, things that will remain unaffected by interest rate hikes. We are being goaded into treating a symptom that will explicitly not address the disease.
- “Looks like Joe Biden’s overspending led us right into a recession, just like we said it would. Mass unemployment can’t be far behind.” Nevermind that unemployment is at all-time lows… this recession that Biden caused is certainly going to lead to doom and gloom! Good thing the oil and gas companies made record profits throughout all of this — but let’s not mention that!
These false assertions, repeated ad infinitum from every possible media outlet, will guarantee that Democrats lose control of Congress in November. Whatever else people think will motivate voters, pushing fuel and food prices to the point of civil unrest will make it impossible for any other issue to matter. November will be a referendum on energy prices and food prices. Banks are already planning for civil unrest, according to a report obtained by the Byline Times.
This is all, well, really bad, and is going to lead to a lot of pain. But it could have been worse. Parts of their otherwise solid plan to push the economy into disarray are not going as well.
Here’s what the historical fascist international network hoped would also happen:
- That Bitcoin would be a hedge against inflation. That didn’t happen at all. Bitcoin and all crypto have behaved as a speculative risk-on asset and as interest rates have gone up, crypto assets have come under increasing pressure and begun to collapse, especially as leveraged positions are unwound. Austrian Economics folklore and prophecy suggests that Bitcoin should have gone way up against inflation… but it just didn’t happen that way. That’s because Austrian Economics is mostly bullshit, and it’s about time its adherents got some real-world empirical data shoved down their gullets with prejudice.
- That the dollar would collapse relative to other currencies, threatening its status as the world’s reserve currency. That also failed to materialize. In fact, the dollar is very strong relative to other currencies, and all of the schemes that Russia had to try to undermine the dollar in oil transactions (whether using rubles or gold) have gone poorly and met with resistance.
So while these things didn’t work out, some other things are also in the works. Because this is a global war, the fascists are aligned in common cause:
- Putin will cut off food exports from Ukraine, commandeering grain for his own use. This is going to have the effect of starving Ukrainians as well as all the countries that depend on Ukrainian grain exports for food. This includes much of the developing world, in Africa and elsewhere, but will also affect food prices globally.
- Importantly, this will spark outflows of refugees from Africa into Europe, exacerbating immigration tensions there and further straining available resources to absorb such flows. Putin has weaponized the flow of refugees repeatedly in the past and he will not hesitate to do it again. It is key to his strategy and we should expect it.
The goal will be to induce as much chaos as possible in the US and in Europe so that support for Ukraine will become a distant concern and attention will turn to fuel and food costs, civil unrest, and accelerating violence. In chaos born from that context, authoritarian strongmen like Desantis and his new backer, Elon Musk, can swoop into offer “solutions.” This is where we are headed. Bet on it.
How to Stop This
The key to this plan is to keep energy prices as high as possible, so that inflation stays high and there is a constant call to raise interest rates beyond the point of any utility, sparking a severe recession.
One solution is to seize control of the oil+gas and energy sectors under the Defense Production Act, and ensure that fuel flows freely and without any excessive discretionary profit-taking. Steps in this direction are apparently already underway, and that’s good. Another solution is to challenge the oil cartels with lawsuits. Any challenge to the energy sector is helpful.
Ultimately the energy and food markets are not true free markets that result in competition, but actually function as cartels that collude to fix prices in an effort to achieve geopolitical goals. That requires intervention from government.
Regulators should be aware of the bigger picture and be prepared to deal with other parts of this framework from an information and kinetic warfare perspective. We’re not dealing with “economics as usual” and we should be prepared to imaginatively deploy every available tool to disrupt these hybrid warfare strategies.
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For an even deeper dive, check out my other writing here on Medium, and my podcast series, “Dave Troy Presents,” wherever you get your podcasts.