Analysis | Low Intensity Conflict -- The time for action is dramatically shrinking.
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@leahfiles appears on the @jimmy_dore show and reads what looks like a prepared statement about the petrodollar. THEN contradicts herself!
Watch the clip; at the 30-second mark, her screen flickers as if she's pulling something up. Throughout the interview, it appears she's reading from left to right.
Why would you need to prepare a statement regarding something you should already know?
The rest of the clip is equally insane. In my earlier post, I pointed out that universities across the country educate students on the petrodollar. Here she admits she majored in economics. That means she was likely exposed to the petrodollar by at least her sophomore year, with additional classes like International Finance and International Political Economy in her junior and senior years.
Her answer on whether she's an economist:
"My background is in economics, I- I majored in it, So when people say are you an economist, I'm like, I don't know what else to call myself. I mean, yeah, I guess. I mean I am"
what? How do you square that discrepancy?
She follows up with, "I'm focused on where tax payer money goes and where money flows."
To understand how money flows, you have to know what money actually is.
Towards the end is where the contradiction comes:
She says she's heard of the petrodollar and knows what it is. But she didn't know how to answer his question then.
what? Which is it?!
But she has "heard" it.
She keeps saying she fumbled through the answer, but here she not only fumbled through a softball version of the question, she didn't clear anything up!
Are we taking crazy pills??
@leahfiles mistakes are fine. Why turn off the comments?
Also, since you’re addressing inaccuracies, can you address the ones in your digital dollar series?
Wanted to come on since I had seen some posts circulating about my Midterms Prediction article. I published the wrong draft of my midterm predictions article on Substack last night. It was an old draft I started weeks ago, before everything with Shawn Ryan happened. I updated the numbers and graphics this week, then accidentally hit publish on the old file.
I caught it within 20 minutes and took it down. I was on a flight, so the corrected version took a bit longer to go up, but it was live before the screenshots and posts started circulating. It has a note at the top showing what changed. If you read it in your email, please use the link instead.
For anyone who missed it, the piece is my predictions for who I think will win and why. It was meant to be fun and to get people talking, not report on what is happening.
The mistake is mine, and I own it and I immediately unpublished it and corrected it. If you ever spot something wrong in my work, tell me and I’ll fix it.
If you’re sharing the old version, please share the corrected one instead. It’s on my Substack, linked in my bio.
Replies are off so this stays a correction, not a debate. Now back to work, because it’s a big week for America!
Diving into @leahfiles' three-part YouTube series, "The New US Dollar: The One That Epstein Built."
Upfront, the facts about Epstein's involvement with Brock Pierce and the crypto industry are true and have been known for quite some time. So when I scrutinize Leah's claims about Tether, this is in no way a defense of those fucking pedos. Let's bring back the guillotine. Public square type shit.
She's convinced Tether will become the US digital dollar, or at least is headed that way.
You can't find a competent player in the crypto or Fintech space that actually believes this. Tether is the laughing stock of the US stablecoin market. Since the network went live, Tether has been mostly backed by cheap Chinese commercial paper and, until recently, has had little to no verifiable US reserves ; as Leah correctly mentions, the US government has fined it multiple times.
Tether is not a federally approved issuer in the United States. Tether's global company and its core stablecoin, USDT, are based offshore in El Salvador. Because USDT sits outside the direct oversight of US banking authorities, it does not meet federal guidelines outlined by the Office of the Comptroller of the Currency (OCC) or the GENIUS Act.
Tether attempted to rebrand as USAT, its "US regulatory compliant version," but it mostly failed. USAT serves LESS THAN 0.01% of the US stablecoin market. It has NO liquidity, which is the lifeblood of any currency. You can look this up on-chain right now.
This means Tether has no meaningful regulatory pathway forward to becoming the US digital dollar. So where's the evidence? Her claim that the GENIUS Act gave Tether special clearance is flat-out wrong. That framework applied to all stablecoins, and the requirement for qualified US reserves pushed Tether out and forced their failed rebrand!
She claims the DoJ won't actually "go after" Tether because it owns $140 million of US debt. Still, earlier she says the government ordered Ethereum to freeze wallets, thus denying access to funds. So which is it?
If the government can blacklist any wallet, then there's no reason it can't do the same to Tether.
She claims Bessent was brought in to crash the dollar, even though the dollar has been propped up on a house of cards for the last several decades. She mentions Howard Lutnick's ties to Epstein, and their investments in Tether, but doesn't specify how either man will circumvent Congress, the SEC, the CFTC, or the DOJ.
So why is Leah so worried about a stablecoin the US is actively fighting against using the executive branch?
Maybe it's everything she's NOT saying.
The true frontrunner for the US digital dollar is USDC and always has been. Circle created USDC. BlackRock is not only a strategic shareholder in Circle, but it also actively manages the Circle Reserve Fund (the massive pool of cash and Treasuries backing USDC).
USDC has a near monopoly on the US stablecoin market. It's the default software rail for US-based crypto exchanges.
So why no mention of USDC? The one stablecoin actually positioned to be the thing she's afraid of?
No mention of the US Digital Dollar Project. Accenture founded the DDP, which wrote the blueprint and tested the framework that Circle adopted for USDC. Accenture's largest institutional investors are BlackRock and State Street.
No mention of the pilot program run by Ripple Labs, which implemented a 1-for-1 US dollar-backed stablecoin in the US territory of Palau. This was a micro-scale sandbox for how USDC could operate globally.
It's fine to be off in predictions, but how are you wrong on things available in the public sphere?
What else is Leah not covering? What money is she not following?
It's a common debate tactic used to obfuscate one's insecurities regarding their position. A tool for projection.
If I can get the crowd to sympathize with my moral grandstanding, I no longer have to contend with the substance of your claim.
It just reduces down to "You're bad because you observed x"
Diving into @leahfiles' three-part YouTube series, "The New US Dollar: The One That Epstein Built."
Upfront, the facts about Epstein's involvement with Brock Pierce and the crypto industry are true and have been known for quite some time. So when I scrutinize Leah's claims about Tether, this is in no way a defense of those fucking pedos. Let's bring back the guillotine. Public square type shit.
She's convinced Tether will become the US digital dollar, or at least is headed that way.
You can't find a competent player in the crypto or Fintech space that actually believes this. Tether is the laughing stock of the US stablecoin market. Since the network went live, Tether has been mostly backed by cheap Chinese commercial paper and, until recently, has had little to no verifiable US reserves ; as Leah correctly mentions, the US government has fined it multiple times.
Tether is not a federally approved issuer in the United States. Tether's global company and its core stablecoin, USDT, are based offshore in El Salvador. Because USDT sits outside the direct oversight of US banking authorities, it does not meet federal guidelines outlined by the Office of the Comptroller of the Currency (OCC) or the GENIUS Act.
Tether attempted to rebrand as USAT, its "US regulatory compliant version," but it mostly failed. USAT serves LESS THAN 0.01% of the US stablecoin market. It has NO liquidity, which is the lifeblood of any currency. You can look this up on-chain right now.
This means Tether has no meaningful regulatory pathway forward to becoming the US digital dollar. So where's the evidence? Her claim that the GENIUS Act gave Tether special clearance is flat-out wrong. That framework applied to all stablecoins, and the requirement for qualified US reserves pushed Tether out and forced their failed rebrand!
She claims the DoJ won't actually "go after" Tether because it owns $140 million of US debt. Still, earlier she says the government ordered Ethereum to freeze wallets, thus denying access to funds. So which is it?
If the government can blacklist any wallet, then there's no reason it can't do the same to Tether.
She claims Bessent was brought in to crash the dollar, even though the dollar has been propped up on a house of cards for the last several decades. She mentions Howard Lutnick's ties to Epstein, and their investments in Tether, but doesn't specify how either man will circumvent Congress, the SEC, the CFTC, or the DOJ.
So why is Leah so worried about a stablecoin the US is actively fighting against using the executive branch?
Maybe it's everything she's NOT saying.
The true frontrunner for the US digital dollar is USDC and always has been. Circle created USDC. BlackRock is not only a strategic shareholder in Circle, but it also actively manages the Circle Reserve Fund (the massive pool of cash and Treasuries backing USDC).
USDC has a near monopoly on the US stablecoin market. It's the default software rail for US-based crypto exchanges.
So why no mention of USDC? The one stablecoin actually positioned to be the thing she's afraid of?
No mention of the US Digital Dollar Project. Accenture founded the DDP, which wrote the blueprint and tested the framework that Circle adopted for USDC. Accenture's largest institutional investors are BlackRock and State Street.
No mention of the pilot program run by Ripple Labs, which implemented a 1-for-1 US dollar-backed stablecoin in the US territory of Palau. This was a micro-scale sandbox for how USDC could operate globally.
It's fine to be off in predictions, but how are you wrong on things available in the public sphere?
What else is Leah not covering? What money is she not following?
Earlier post:
nitter.cf/AtomicPrototype/status…
This is incredible.
@leahfiles says "yeah" when asked if she's an economist.
But she has to "look into it" when asked about the petrodollar.
This truly doesn't make any sense. 2nd-year econ students are exposed to the concept. It's usually introduced briefly when studying Balance of Payments accounts, showing how oil-exporting countries manage massive capital account surpluses.
3rd & 4th year is where the petrodollar is analyzed in depth. Courses like International Finance/International Economics dive deep into how pricing commodities in USD affects global currency reserves, exchange rates, and U.S. interest rates. Additional courses like International Political Economy bridge economics and political science. It provides the historical context of the 1970s deals between the U.S. and Saudi Arabia, examining how the petrodollar serves as a tool of geopolitical influence. In Development Economics, students look at the "Resource Curse" and how petrodollar recycling historically fueled the 1980s Latin American debt crisis.
If you're just "following the money," how do you not understand how money works?
The US dollar's global reserve status empowers Western sanctions that affect every corporation in existence.
All of this to say, what the fuck kind of psyop is she?
This is incredible.
@leahfiles says "yeah" when asked if she's an economist.
But she has to "look into it" when asked about the petrodollar.
This truly doesn't make any sense. 2nd-year econ students are exposed to the concept. It's usually introduced briefly when studying Balance of Payments accounts, showing how oil-exporting countries manage massive capital account surpluses.
3rd & 4th year is where the petrodollar is analyzed in depth. Courses like International Finance/International Economics dive deep into how pricing commodities in USD affects global currency reserves, exchange rates, and U.S. interest rates. Additional courses like International Political Economy bridge economics and political science. It provides the historical context of the 1970s deals between the U.S. and Saudi Arabia, examining how the petrodollar serves as a tool of geopolitical influence. In Development Economics, students look at the "Resource Curse" and how petrodollar recycling historically fueled the 1980s Latin American debt crisis.
If you're just "following the money," how do you not understand how money works?
The US dollar's global reserve status empowers Western sanctions that affect every corporation in existence.
All of this to say, what the fuck kind of psyop is she?
We see the safety device. We don’t care.
Trigger discipline means treating every gun as loaded at all times. That muscle memory separates you from a negligent discharge or, worse, unnecessarily shooting a suspect.
Like female officers do quite often.
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