Quote from: deisik on October 08, 2019, 06:57:34 AM

For example, the US may be fucked but it doesn't matter if the rest of the world is even more fucked up. So if the elites (world government, aliens, etc) keep things this way, the US is essentially okay. Regarding excessive money printing, it doesn't in the least affect the future generations, and for two good reasons

This really boils down to the imperial system. The system makes sure that all countries are financially more unstable than the current imperial seat (which is the US today.) Any government that doesn't implement policies that support this financial hierarchy (or the imperial command structure required to maintain it) is subject to negative propaganda, economic or financial destabilization, or regime change by coup, assassination, up to invasion. (This hierarchy ensures that capital will flow up, and pain will flow down, thus stabilizing the system from the bad effects of money printing by the imperial elites.)

Perhaps the 'mildest' case of this imperialism in action was forcing Western Europe to inflate under the Plaza-Louvre accords of the 1980s in order to support an orderly deflation of the dollar bubble of the US's own making. If the Europeans hadn't complied, proposed US protectionist policies would have devastated their exports, their economies, and the political futures of their leaders.

Among the bloodier cases of imperialist action must be sending money and arms to 'rebels' in Syria in 2011 to overthrow 'dictator' Assad (who had dared defy the empire,) ending up with hundreds of thousands of deaths in the civil war that followed. We also have to mention the 1953 CIA-operated coup that overthrew the democratically elected prime minister of Iran and restored the Shah to power who became legendary for using torture and killing to protect his regime before he was popularly booted from power in 1979. Granted, the Shah was OUR dictator. See the expose by a US deep-state insider, 'Confessions of An Economic Hit Man,' for more of the same, over the mid-to-late 20th century.

Quote from: deisik on October 08, 2019, 06:57:34 AM

First, whatever insane amount of money gets printed, it is almost instantly balanced out by prices. Rising prices are a sort of knee-jerk reaction which resets the balance at a new level. And second, a new generation can just reset the currency itself (and start printing new money like never before)

This view is problematic if you look at the last 30 years in the West. The printed money only went to the lucky and the rich, so the general average inflation has been mild. Crazy money printing and generalized reset by inflation are not at all what the Western elites want as a first choice, since it gives a bad rep to the money their print. But it might be a last resort, right before the angry mobs are about to physically take the power from them.

Because of the imperial structure mentioned above, this last scenario has seldom, if ever, occurred in countries at the top of the system.