Stablecoins are potentially a powerful new tool to inflate and plunder.

Following up on his excellent Digital Money, Digital Control presentations—“Decrypting the New Financial System” and “Are Stablecoins the Retail CBDC?”—Mark and I discuss what stablecoins are and how they will be used to extend the life of the dollar as reserve currency. We discuss the role of Bitcoin and how it may support the grab for land and resources. As the dollar system weakens, the push to plunder people in the Western world is rising. Stablecoins are potentially a powerful new tool to inflate and plunder. The question facing us is how we can push back successfully with both the digital and analog money we use.

As Mark and I emphasize, the future is fluid. We would be well served to learn about stablecoins and what they mean to us. Let’s take action together now while the financial world is gearing up and before they unleash this financial tsunami.

Ready or not, here it comes. Our goal is to work together to see the waves coming and build successful surfboards—or perhaps arks are a more appropriate metaphor!