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PERRIN LOVETT

~ Deo Vindice

PERRIN LOVETT

Monthly Archives: April 2025

What Became of the Dollar

09 Wednesday Apr 2025

Posted by perrinlovett in Legal/Political Columns

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dollar, economics, Michael Hudson

MOA offers a look, with analysis, of what passes for economics in the Trumpstein circus act.

Steve Miran is the Chairman of President Trump’s Council of Economic Advisors.

CEA Chairman Steve Miran Hudson Institute Event Remarks – The White House, Apr 7 2025

Today I’d like to discuss the United States’ provision of what economists call “global public goods,” for the entire world. First, the United States provides a security umbrella which has created the greatest era of peace mankind has ever known. Second, the U.S. provides the dollar and Treasury securities, reserve assets which make possible the global trading and financial system which has supported the greatest era of prosperity mankind has ever known.
…
Let me clarify that by “reserve currency,” I mean all the international functions of the dollar—private savings and trade included. I’ve often used the example that when private agents in two separate foreign countries trade with each other, it’s typically denominated in dollars because of America’s status as the reserve provider. That trade entails savings housed in dollar securities, often Treasurys. As a result of all this, Americans have been paying for peace and prosperity not just for themselves, but for non-Americans too.
…
I’m an economist and not a military strategist, so I’ll dwell more on trade than on defense, but the two are deeply connected. To see how it works, imagine two foreign nations, say China and Brazil, trading with each other. Neither country has a currency that is trusted, liquid, and convertible, which makes trading with each other challenging. However, because they can transact in U.S. dollars backed by U.S. Treasuries, they are able to trade freely with each other and prosper. Such trade can only occur because of U.S. military might ensuring our financial stability and the credibility of our borrowing. Our military and financial dominance cannot be taken for granted; and the Trump Administration is determined to preserve them.

From an economic standpoint the theory Miran describes is bonkers.

Bonkers is about the best Trumpstein and his clowns can offer. But this reinforces what I’ve been saying about GAE primacy post-WW2, based on dollars and bombs. And, of course, the idiot clown’s example is already two years into irrelevancy.

Elsewhere, Michael Hudson explains the underlying monetary problems of the GAE and the fact it is the (fake) private debts, not the gubmint IOUs that have destroyed the dollar. TRANSCRIPT

 

A “Liberation Day” Breakdown

08 Tuesday Apr 2025

Posted by perrinlovett in Uncategorized

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Hudson and Wolff.

Make of all this what you will. These tariffs may in fact be more like negotiation tactics than taxes. They are certainly causing a ruckus. Whether real tariffs or not, they need to be followed up with stern monetary (and other) reform if they are to benefit any potential American revitalization. Time will tell. Maybe don’t hold one’s breath.

Auto Indictment

07 Monday Apr 2025

Posted by perrinlovett in Legal/Political Columns

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Donald Trump, War, war crimes

Unlike the satanic zionists, who must be exposed by evidence debunking their never-ending lies and cover-ups, the Orange Genius and his cast of circus reject clowns may have patented a system of proving their many crimes in real time.

Oops, those were revival worshipers not “terrorists”.

See also: https://t.me/DDGeopolitics/143833

Know Your Tier

06 Sunday Apr 2025

Posted by perrinlovett in Legal/Political Columns

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((())), GAE, Giraldi

Philip Giraldi again raises some uncomfortable truths about the not-so-great satan.

The United States Has Become a Two-Tier Country
What has happened to the Constitutional Republic where all are equal under law?

[The answer is, it never existed.]

I recently read an article by investigative historian Eric Zuesse, author of America’s Empire of Evil, that began “One of the core features of nazism (not the German political Party but its core ideology) is racism, which allows some ethnicities (or “races”) to be advantaged by law, and other ethnicities to be discriminated against by the law — it is, at its very core, AGAINST equal rights under law.” Well, I was intrigued by what was packed into one long sentence due to recent developments in the United States and I am sure that none of my regular readers will be surprised by my view that a lot of what has gone wrong in the United States and elsewhere has been due to a racist Israel and its powerful lobbies. Consider for a moment some initiatives undertaken by presidents Joe Biden and Donald Trump that Americans who love their country should rightly find to be appalling, to include the enabling of the Jewish state’s genocide in Gaza and the elevation of “antisemitism” to the status of the number one “crime” that the Department of Justice is willing to investigate and prosecute, up to and including deportation of legal residents who dare to question what is taking place in Palestine.

When I refer to America becoming two-tier I am particularly thinking of US foreign policy, most particularly as it relates to the Middle East, and the operational imperatives of the Department of Justice and the Office of the Attorney General. And when I say two-tier I am suggesting that there are specific policies that are purely the product of political and economic corruption in that they do not serve any US interest – indeed, I would point out how they are contrary to American interests and designed to favor Israel and the groups and billionaires that make up the Israel Lobby over other American citizens and legal residents. In practice this has meant supporting everything the state of Israel does, no matter how atrocious, while also funding, equipping and providing political cover for the slaughter of possibly as many as two-to-four hundreds of thousands of Palestinians and the deportation of three million more.

He’s pretty much dead on about who runs the show now. Previously, it was a mason’s project. But the GAE home office is not, and never really has been, a sovereign state. The sooner it goes, the better off the world will be.

The Rule of “Law”

05 Saturday Apr 2025

Posted by perrinlovett in Legal/Political Columns

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genocide, Helyeh Doutaghi, law

So much for Orban, huh? Maybe it’s not so much him as the politics he plays with or in, but Hungary’s withdrawal from the ICC after allowing a wanted war criminal to come and go with impunity, when they were legally obligated to arrest him, doesn’t speak so well. But I guess that’s the rule of law.

Many of my fellows in the resistance against the Yankee-Zionist genocide of the Palestinians are leftists, many of whom are still enamored of things like democracy, liberalism, globalism, and so forth. It appears the lovely Dr. Helyeh Doutaghi, who wrote a mean economics and law dissertation, now sees the reality behind those hollow Enlightenment words. She was fired from Yale law school (and, congratulations to her for that!) for being concerned that satanists are murdering children. On the last page of her four-page announcement of her liberation from the poison ivy, she wrote this:

“What we are witnessing in the United States is not the failure of democracy—this is Western liberal democracy itself.” She’s correct. This is the way ‘Murika has been even before 1607 when the conniving freemasons first hatched their ideas in London. Everything since has been in some way designed to do exactly what Dr. Doutaghi claims, plundering. It’s where the “western” or ‘Murikan” or “Judeo-‘Christian'” values come from, those being usury, sodomy, and genocide.

Best of luck the intrepid truth-teller. I suggest she might be better received in her native Iran, or in Russia, China, or one of the civilized countries.

 

Now I Really Dislike Crypto

04 Friday Apr 2025

Posted by perrinlovett in News and Notes

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Blackrock, crypto

https://sputnikglobe.com/20250401/blackrock-ceo-bitcoin-might-dethrone-us-dollar-as-global-reserve-currency–1121724448.html

Initially, [Larry] Fink was a skeptic, often dismissing Bitcoin as a speculative asset and referring to it as a “fad.” However, he gradually became more open to the idea of digital assets. In January 2024, BlackRock introduced the iShares Bitcoin Trust (IBIT), a Bitcoin ETF that swiftly emerged as the largest cryptocurrency fund globally.

 

Explanatory Science

03 Thursday Apr 2025

Posted by perrinlovett in Legal/Political Columns

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Alexander Dugin, Russia, Westernology

Professor Dugin again reiterates his view that Russia should and must make a coherent study of what the West was, what it is, and what about it must be avoided at all costs. Westernology.

Definition of Westernology

It is entirely clear that the civilizational turn in Russian politics cannot maintain an assumption of the universality of Western civilization or tolerate the uncritical acceptance of its foundations and principles. Therefore, it is necessary to radically reassess the attitude towards the West as a whole and, above all, its paradigmatic positions in the field of social sciences. We can no longer accept them at face value without careful and critical examination, and without aligning them with our traditional values and the imperatives of historical education. Western civilization is not only not universal but, in its current state, it is destructive and toxic to the point of deserving the label “Satanic.” This is where the need for Westernology arises, and its meaning becomes clearer.

Westernology is a paradigmatic model for examining Western culture and the humanities, which explicitly rejects the claims of this culture and these sciences to universality, to the ultimate truth, and to the normativity of the criteria that have emerged in this sphere and which the West actively seeks to impose on humanity as something without alternatives.

To the extent its possible, Westerners should also undertake this study.

COLUMN: “Economic Gain Extracted”

02 Wednesday Apr 2025

Posted by perrinlovett in Other Columns

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economics, War

“Economic Gain Extracted”

 

Preparing to promote a novel, even while writing another one and lazily revising two more, I may also be formulating a theory regarding the place of the US in the multipolar world. It may be that the Empire of Lies and Cowards may have no choice but to play nice, or to pretend to when dealing with the other great powers, Russia and China. If you’re in a senior leadership position in Beijing or Moscow, kindly keep a wary eye on your new frenemy in Washington.

Concerning the rest of humanity, the US has not changed. It’s all bluster, bragging, browbeating, bribes, and, then, bombs. And regarding those souls trapped in the US homeland, it begins to look like more of the same though with only a slightly different character or hue. 

At one point during the late Signal chat retardery, the lowbrow discussion turned towards all of the vital American interests in bombing houses, convenience stores, and cancer hospitals in Yemen and Europe’s collective inability or unwillingness to participate in the scheme. Someone initialed “SM”, likely Stephen Miller, wrote, “If the US successfully restores freedom of navigation at great cost there needs to be some further economic gain extracted in return.” By the way, bombing poor but invincible people will not “MAGA”, unless as Max Blumenthal says, MAGA really means “Miriam Adelson’s Goals Achieved.” But “economic gain extracted” essentially summarizes the entire purpose, history, and spirit of the American experiment. Being little more than a hitman for the international financial class, the US is always extracting gain for the money masters, everywhere, in everything, and from everyone. 

Scott Bessent, retired hedge fund looter, Soros acolyte, open homosexual, and current Secretary of the Imperial Treasury, was remarkably candid during a recent meeting of the Trumpian cabinet about plans to further the gains of the rich men: “Yes, sir, [Massa Trump, sir]. So, uh, we are, under your direction, we’re reprivatizing the economy. We’re bringing down government spending. We’re bringing down excess employment in the government sector. On the other side, we’re going to re-leverage the banking system…” 

America was founded for the corporations, by the corporations, and of the corporations. Literally, everything it officially does today is designed to enrich the wicked elite by plundering everyone else. Accordingly, re-leveraging the banking system can only mean making the plundering easier. The process is in play in America, along with Yemen, Western Europe, Greenland, Ukraine, et cetera.

Washington reluctantly accepts that it cannot defeat Russia. However, it is hellbound and determined to loot and wreck Ukraine or whatever parts of the former Ukraine survive. Bessent and Trump are trying to force a “deal” on the illegitimate junta in Kiev, possibly more onerous than the Weimar plan that eventually gave the world its second global war. Rumor has it Lil’ Ze has rejected the plan, for now, but it fits the eternal American pattern: poor people and their alleged governments take all the risks and casualties and bear all the expenses, while the banks, hedge funds, and other corporations steal all the resources and keep all the profits. Corporatism is war with other means.

Despite centuries of practice, the US has never been good at regular maneuver warfare. Its power rested, post-WW2, on two things: the perceived strength of the US military, and the perceived safety and universality of the US Dollar. Both things have taken serious hits this century, and now the game appears to be one of frantically trying to leverage bombing with or against predatory financialization. Please keep those seatbelts on, fliers.

The Yemeni adventure is possibly a runup for an even more catastrophic attack on Iran. One truth from the Signal idiocy is that Americans know nothing about Yemen. Iran is another country Americans know nothing about. They’re not likely to learn about either, as now even US college students are increasingly illiterate. Iranians, however, are notoriously avid readers. As are Indians and Chinese, with around 600 million regular readers among each population. The moral of this short column is that my novels need translation into, among other languages, Persian, Hindi, and Mandarin. That’s how I’ll extract my economic gain.

Deo vindice.

Very Perilous State

01 Tuesday Apr 2025

Posted by perrinlovett in Legal/Political Columns

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college, Murika, zionist

Ron Unz writes about a mysterious little force that is upending everything in American society, as currently evidenced at American colleges. For those with limited time or reading skills, don’t neglect the AI Summary feature on the essay.

Now six decades later, that same political force has metastasized to such an extent that it largely controls both of America’s major political parties and nearly all the members of Congress, and may now be on the verge of successfully eliminating our traditional constitutional rights, including freedom of political speech. When university students are snatched off city streets by masked federal agents merely for writing an op-ed in their campus newspapers, matters have clearly reached a very perilous state in American society.

Again, if it comes to it, and I’m trying to be helpful, I’d like to be deported straight to Moscow.

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Perrin Lovett

From Green Altar Books, an imprint of Shotwell Publishing

From Green Altar Books, an imprint of Shotwell Publishing

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