TRUMP’S PLAN TO SIDELINE THE IMF AND ENFORCE DOLLAR DOMINANCE
A relatively obscure headline crossed the wires last week, the kind most people skim past without a second thought.
The Trump Administration is considering dollar swap lines with key Gulf and Asian allies, including the United Arab Emirates, much like the one executed with Argentina last year.
That sounds technical. It sounds arcane. It sounds like the sort of thing only central bankers, bond traders, and Treasury staffers need to understand.
It is not.
Reuters reported that Treasury Secretary Scott Bessent said the United States is discussing currency swap lines after “a number of allies” sought help dealing with fallout from the Iran war.
He added that additional swap lines could reinforce dollar usage and liquidity internationally, maintain smooth dollar funding markets, promote trade and investment with the United States, and serve as “a major first step” toward creating new U.S. dollar funding centers in the Gulf and Asia.
That last phrase is the tell: new U.S. dollar funding centers.
This is not just about the UAE, Argentina, or anyone else just named. It is about the architecture of global finance. It may represent the biggest shift in the global financial order since Nixon closed the gold window in 1971.
For half a century, the dollar has been the global reserve currency, the operating system of the world economy. Everyone complains about it. Everyone predicts its demise. Every few years, some new theory emerges about the euro, the yuan, BRICS, SDRs, gold, crypto, or the “petroyuan” bringing the dollar empire to its knees.
It isn’t going to happen. It wasn’t going to anyway. Now Trump and Bessent are restructuring the global financial system to ensure permanent dollar dominance.
The Supreme Court of Virginia, otherwise known as SCOVA,
Newly declassified intelligence shows that U.S. intelligence discovered the threat of Chinese access and control of U.S. election systems — then buried the evidence and punished those who exposed it.
The bulwark of a free, moral, civil society is a free press.
As this political season heats up, and all the arguments, indignation and accusations that go with it come to a rolling boil, I thought it would be worth having a look at some of the deeper biases that we all can get immersed in, regardless of ideology or political sentiments.





WASHINGTON, D.C. — Less than a week after yet another assassination attempt against President Donald Trump, leaders of the Democratic Party pushed back against claims that they are guilty of inciting violence and said anyone who thinks they are should be eliminated by any means necessary.
I dearly hope you read in TTP yesterday Marco Kotrotsos’
[This Monday’s Archive was originally in TTP on April 21, 2005. It is one of the most relevant-to-today Archives ever. I think you will find it revelatory – especially in the context of
So last week, Anthropic published its labor market impact study and the internet did what the internet does. Headlines about a “Great Recession for white-collar workers.” Lists of the ten most exposed occupations. Think pieces about whether your CS degree was a waste of money.
