Despite the consensus narrative, what we are currently experiencing globally is not “de‑dollarization,” but a broad loss of confidence in developed economies’ fiat currencies and sovereign debt as a reserve asset for central banks and institutions. This fundamental loss of confidence in the solvency of developed economies’ sovereign issuers is boosting demand for gold. However, the latest data shows no crossover or fiat alternative substitution. The US dollar’s central role in the fiat system remains intact.
Continue reading Dedollarization? Gold over Debt. The End of the Keynesian Paper Promise Mirage.Do Americans Really Pay 96% of the Tariffs?
The Congressional Budget Office has revised its estimates and states that the tariff increases implemented from January 6, 2025, to November 15, 2025, will reduce the primary deficit of the United States by $2.5 trillion over 11 years if they remain in place during the 2025–2035 period. Tariff revenues have risen to $90 billion between October and December 2025, compared with $20 billion in the same period in 2024. However, year-over-year inflation during that period is actually lower.
Inflation in the United States has not surged to 5–6%, as some investment banks had predicted following the tariff announcements. In fact, the year-over-year CPI, the PCE Index, and import prices reported by customs and border offices show no discernible increase in year-over-year inflation and are certainly very far away from the consensus estimates.
Continue reading Do Americans Really Pay 96% of the Tariffs?How socialism stole Venezuela’s oil and how to recover it
ARTICLE PUBLISHED BY TOMORROW’S AFFAIRS
Many commentators state that the United States’ intervention in Venezuela is all about oil. However, they seem to ignore the reality of what has happened in the country.
The current system has been one of squandering and stealing oil for decades.
Venezuela’s oil sector, once the most efficient in the industry, has been systematically looted and weaponised by the socialist Chavez-Maduro regime and its political allies, turning the world’s largest proven reserves into a poverty machine instead of a development engine.
Any serious recovery will require dismantling this network of political exploitation, restoring the rule of law, recapitalising PDVSA, and orienting exports in transparent market conditions.
Continue reading How socialism stole Venezuela’s oil and how to recover itLa irresistible propuesta de Montero para Andalucía: expoliar a los andaluces para financiar el independentismo
El PSOE se enfrenta a las próximas elecciones autonómicas con la tarea imposible de intentar hacer tragar a los ciudadanos la rueda de molino de su acuerdo de privilegios para la burocracia de Cataluña con Esquerra.
Montero se presenta a las elecciones andaluzas con un programa “irresistible”:expoliar a impuestos a los andaluces, endeudarlos y que la Generalitat de Catalunya sea la más privilegiada, además de dictar desde Barcelona la fiscalidad de los ciudadanos de Andalucía.
El PSOE afirma que todas las comunidades ganan con un modelo que dota de 21.000 millones adicionales a las autonomías. Sin embargo, es falso. No se dotan más recursos a las autonomías, se endeuda todavía más al país.
El socialismo ofrece un espejismo de recursos públicos que solo es más deuda mientras impone una fiscalidad confiscatoria a medida del independentismo depredador.
Continue reading La irresistible propuesta de Montero para Andalucía: expoliar a los andaluces para financiar el independentismo