Dylan Ratigan: ‘The U.S. Dollar Is Effectively in Collapse’

RUSH TRANSCRIPT Next time ░░░░░░░░ know you want to ░░░░░░░░ about tariffs before we ░░░░░░░░ there though I want ░░░░░░░░ talk about money Party ░░░░░░░░ when we were talking ░░░░░░░░ a money party in ░░░░░░░░ 2010 the United States ░░░░░░░░ spent 201st 230 years ░░░░░░░░ so of its existence ░░░░░░░░ a 10 trillion national ░░░░░░░░ We re at 37 ░░░░░░░░ now We re going ░░░░░░░░ this bill is adding ░░░░░░░░ 4 trillion to it ░░░░░░░░ re going to add ░░░░░░░░ 20 trillion over the ░░░░░░░░ decade You talk about ░░░░░░░░ money party How in ░░░░░░░░ world does the United ░░░░░░░░ of America continue to ░░░░░░░░ the preeminent power on ░░░░░░░░ face of the earth ░░░░░░░░ we spent ourselves into ░░░░░░░░ to such a degree ░░░░░░░░ we make the bond ░░░░░░░░ run for the hills ░░░░░░░░ I mean that is ░░░░░░░░ single most important question ░░░░░░░░ America Right now And ░░░░░░░░ Referendum as you know ░░░░░░░░ Is the Us dollar ░░░░░░░░ reason the united States ░░░░░░░░ been the dominant country ░░░░░░░░ Earth since world War ░░░░░░░░ is because we Have ░░░░░░░░ the global reserve currency ░░░░░░░░ secured that Position after ░░░░░░░░ War two It supported ░░░░░░░░ development of our tech ░░░░░░░░ globally Dominant entertainment industry ░░░░░░░░ dominant Our finance Industry ░░░░░░░░ dominant Dominant It supported ░░░░░░░░ biggest military In the ░░░░░░░░ And what Is happening ░░░░░░░░ the current administration and ░░░░░░░░ the tariffs And under ░░░░░░░░ tax Policy The us ░░░░░░░░ is effectively in collapse ░░░░░░░░ us dollar Is down ░░░░░░░░ over The last Six ░░░░░░░░ Most people in the ░░░░░░░░ States don t understand ░░░░░░░░ So much because they ░░░░░░░░ t live in a ░░░░░░░░ currency world I ve ░░░░░░░░ living as you know ░░░░░░░░ milan for the last ░░░░░░░░ 6 or 7 years ░░░░░░░░ so I m Very ░░░░░░░░ Particularly with the The ░░░░░░░░ sneaker business With the ░░░░░░░░ we Produce in one ░░░░░░░░ We sell in another ░░░░░░░░ And euphoria Is A ░░░░░░░░ on The dog s ░░░░░░░░ the scope of global ░░░░░░░░ And so This is ░░░░░░░░ And so imagine For ░░░░░░░░ multinationals The Referendum that ░░░░░░░░ are getting on The ░░░░░░░░ Of the American government ░░░░░░░░ now is manifesting Explicitly ░░░░░░░░ the decline and dare ░░░░░░░░ Say collapse Of the ░░░░░░░░ dollar And everybody Should ░░░░░░░░ very Alarmed by that ░░░░░░░░ it Is a call ░░░░░░░░ arms for the Republican ░░░░░░░░ To intervene It is ░░░░░░░░ call to arms for ░░░░░░░░ executive class The banking ░░░░░░░░ The tech CEOs There ░░░░░░░░ 100 CEOs in this ░░░░░░░░ that run the most ░░░░░░░░ Companies in The world ░░░░░░░░ there are is a majority