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Hodar Report

Space physics

Hodar.com

Fate

1944: Force the world to back all currencies
with gold-backed dollar
.

1944-64: Spend too many dollars, go into debt,
and print a few dollars on the side.

1965: Oops! World calls dollar bluff,
demands payments in gold
.

1965-1971: Keep on borrowing, borrowing, borrowing!

1971: Default on the gold promise.

1971-1991: Fight the Cold War AND grow social spending.
We can have it all!

1991-2001: Wow, we briefly balanced the budget
during the "End of History."

2001-2008: History returns. Fight the GWoT
AND keep growing social spending!

2008-2020: Dang, now the debt's too big to pay off.
Hey, let's make more currency!

2021-2023: Uh-oh. Prices are going up FAST.
Maybe raising interest rates will help?

2024: Prices are still rising! How do we stop it?
Let's outlaw rising prices! [[YOU ARE HERE]]

202_: Why have the farmers stopped farming?

202_: We gotta nationalize food production!
What could possibly go wrong?

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Wall Street Journal (.pdf)