"Land war in Asia..."

The real problem is that with public government and private banking, the banks rule, so the only real job those flunkies have, is creating the debt the banks need to backstop the currency.

Money is a contract. You need a debt to back the asset. The secret sauce of capitalism is public debt backing private wealth.

Given that government is the decision making function of society, hollowing it out and leaving the banks in charge creates a dynamic with all the strategic aptitude of bacteria racing across a petri dish.

These clowns wield enormous power, but have no real responsibility or moral authority, beyond just spending it, so the effect is delinquent children playing at cowboys and indians on the other side of the planet, while the country falls apart.

When the medium enabling markets is privately held, we are all tenant farmers to the banks. So either we come to realize that as a medium we own money like we own the section of road we are using, or the air and water flowing through our bodies and it is a quintessential public utility, or we will have to do like the Russians and Chinese and go back to some form of private government, with Putin and Xi as respective CEO's, to control the oligarchs.

"Follow the money."