Tariffs and Monetary Colonialism

As a result of having the only intact industrial system after World War II and because the U.S. dominated global economic and political decisions(Bretton Woods), the U.S. was able to impose Monetary Colonialism. The U.S. colonized nations by importing goods by exporting dollars.  Several economic trends developed.

  1. Domestic production decreased as domestic manpower would not match the foreign manpower when measured in the national lifehour. A country's national lifehour value is the number of daily workhours needed to have the necessities of life. Symbols of time mean nothing compared to whether an economy requires 4, 8,12 or 16 workhours as the daily cost of living. A 4-hour nation working 8-hour days has surplus wealth with which to import the goods of the poorer, longer workday nations. Cheap imports price domestic workers out of jobs.
  2. Monetary colonialism mestastasized imbalanced economies which cannot weather economic storms: Both colonizer and victim teeter and fall ...  and the bigger they are, the harder and longer they fall. Among the historical examples was Spain importing tons of silver and gold from the New World that drew farmers into the cities for higher wages--agri deserti redux. When the gravy train stopped, Spain's economy collapsed from which it never recovered. Globalization exacerbated monetary colonialism with the accompanying surge in transportation fuel burning.
  3. The exported currency is not divided between the foreign workers. It is aggregrated by the owners of foreign production. The exported currency returns as inflationary pressure on ownership of domestic corporations and real estate, e.g., Sony pictures and farm land. In allowing Saudi Arabia on U.S. land to grow and export alfalfa for its camels, U.S. habitual politicians are rubber-stamping the de facto export of needed U.S. water. Another unbelievable foreign land grab is China buying large farms near US military bases.
  4. Union strikes priced the United States out of the shoe, textile, merchant, steel, car, shipping, and warships production. To deal with the loss of income and jobs, the muddled class votes for the populist demagogoes who promisesirrational, illogical and something-for-nothing greatness.
  5. U.S. legislators privatized America's military by replacing the draft with muddled-class wages: Wealthy, tax-supported soldiers buy bigger trucks. The universal draft for all citizens was replaced by an economic draft of those wanting to escape poverty. Like the aforementioned industries, politicians have priced the U.S. military out of global competition. China has a lower defense budget in funny numbers. But, it gets upwards of twenty(20!) more bang for the buck compared to what the US spending provides. Despite a few dwindling glitzy cutting-edge technologies, the US does not have the quality and quantity of military goods and services to defeat China in an all-out war. Only M.A.D. would level the playing field.
  6. Trump's attacks on NATO has driven Europe into the Chinese economic sphere. China knows the US has lost its European allies. China feels emboden. Jing message to Trump, "You don't have the cards."

Worse than an unhinged foreign terrorist is an unhinged domestic tariffist. Trump's tariffs have destroyed the U.S. on the world stage. Tariffs will not sreverse the U.S. pricing itself out of the world market. Just the opposite.

Habitual politicians do not have the brains, morality or plans to re-balance the U.S. economy. They lack the texticular fortitude to educate and motivate the American citizen. Re-election addiction is moral magnet. From economic collapse or global war, the American people will live with less material wants and waste. The days of America and Americans living beyond their means from monetary colonialism is coming to an end.

For the Primary Moral Imperative of saving life on Planet Earth from Climate Hell, needed is a re-alignment of global domestic production and policies, especially muddled-class welfare and upper-class wealthfare. Democracy from brainbees will facilitate re-adjustment to safer, saner economies. Lifehours will reduce monetary colonialism by implementing profit-sharing to set objective accurae exchange rates for trade.