Atomic Bomb, Japan, and the Fall of the Dollar

August 23, 2023 • @aethery
Atomic Bomb, Japan, and the Fall of the Dollar

Hey, it’s him again. This article is just one of his thoughts, compiled from what he knows and mixed with the color of war that he likes. Readers should be alert and consider the information mentioned below.

Atomic bomb: why Japan?

The atomic bomb was developed to deal with Nazi Germany. Many people wonder why the US dropped the atomic bomb at the end of World War II, when Germany had already lost and Japan was no longer a major threat. At that time, Japan was waiting for Russia’s reaction to decide its next move.

Powers stay in the shadows

The US has always acted based on its interests. Those who control the US always put their interests first. Whether staying out of World War I, jumping into World War II, supporting North Vietnam Communists, supporting the Republic of Vietnam, reconciling with China, or abandoning South Vietnam: everything revolves around the interests of those in the dark, the powerful controllers of the dollar.

Most US presidents who were assassinated had one thing in common: they dared to challenge the power of the dollar. The most recent was President John F. Kennedy. By a strange coincidence, both the Vietnamese President Ngo Dinh Diem and John F. Kennedy were assassinated in the same month: Ngo Dinh Diem on November 2, 1963, and Kennedy on November 22, 1963.

In 1971, the US ended the link between the dollar and gold. By 1973, the US had completely withdrawn its troops from Vietnam.

The Atomic Bomb and the global power vacuum

The US spent about 2 billion USD to develop the atomic bomb. Since World War II was a war of science and technology, and the money had already been spent, they had to find a way to recover the investment as soon as possible.

As the war was coming to an end, if Russia had time to jump into the ruins of World War II, the US would lose its upper hand in redistributing the world. Thus, the US decided to act. They hit Japan with two atomic bombs, forcing Japan to surrender unconditionally. As a result, the Japanese army was disbanded, and US soldiers replaced Japan to “protect” the coast to this day.

World War II ended quickly. This created a power vacuum across the world, a gap through which a giant monster from legend could invade the Lower World: Communism. This was something that even the heroes of the US could not predict.

US strikes Japan a second time

After the defeat of World War II, Japan was no longer burdened by war or politics. It focused entirely on industrial production and quickly became an industrial powerhouse.

Surprisingly, in 1978, the US placed a gold ring around Japan, forbidding it from freely exporting and importing gold. Though it seemed harmless, the US began developing a new type of bomb to drop on Japan a second time: derivative tools.

Japan had abundant money but was not allowed to accumulate gold, which was the perfect environment for the US to export derivatives to Japan. The Japanese welcomed them warmly, much like how the Meiji era embraced Western science and technology. It was perhaps even more enthusiastic than the way Vietnamese traders welcome Futures on Binance today.

Japan Long, US Short. In the early 1990s, Japan’s economy collapsed after just ten years of a golden era, a stagnation that continues to this day. The economic damage from this financial blow was estimated to be no less than that of the two atomic bombs dropped during World War II.

The Fall of the US Dollar

While the real estate bubble burst in Japan in the 1990s, the US eventually tasted the same bitter fruit. In 2007, the US housing bubble burst. Coincidentally or not, Satoshi Nakamoto created Bitcoin in 2009. By 2016, Japan accounted for over 97% of global Bitcoin trading volume.

Japan invested in cryptocurrency early on, both in infrastructure and regulations. They have the JFSA (Japan’s Financial Services Agency) to manage financial units and crypto. When FTX collapsed, no FTX Japan customer lost money, while FTX US customers are still waiting for theirs.

Binance tried to operate in Japan multiple times between 2017 and 2019 but failed. However, Binance recently acquired a Japanese crypto company and is now operating there. Meanwhile, the US government seems to dislike Binance US. Perhaps for Japan, the enemy of one’s enemy is a friend?

Catalyst

The strongest catalyst for the recent decline of the US dollar was President Donald Trump’s desire to make America great again by bringing jobs back from China. With high exports, the value of the dollar would rise, reducing its reserves in other countries. Moreover, by trying to handle everything from technology to production while restricting trade, the risk of a dollar decline multiplied when the global economy faced difficulties.

Could indirectly opposing the US dollar have caused Trump to fail to get re-elected and incite the Capitol riot?

What if American-made products cannot be exported, and Americans cannot afford to buy food from other countries? Perhaps that is why Bill Gates is investing heavily in potato farming: to prepare for a severe food crisis in the US?

COVID-19 was a key event in accelerating the decline of the dollar’s influence. No country wanted to see such a sharp rise in value, and people began looking for new solutions to replace the US dollar.

The Fall of the USD and the New World Order?

The British pound maintained its dominant position for about 100 years. The Federal Reserve System (FED) was established in 1913, which is also about 100 years ago. The world is seeking a new common currency, and new alliances have been formed to control the expansion of the US dollar, such as BRICS.

The fall of the US dollar may be as gentle as the decline of the British pound, or much more severe. The world is currently living in debt. If the dollar collapses, it could lead to chaos for many years, something that has not been witnessed in the last 100 years. Gold will rise, and Bitcoin will reach 1 million USD in three months. Is it possible?

All of America’s enemies are waiting for the fall of the US dollar. At the peak of each cycle, the dollar is most vulnerable. Will it happen in 2027 or 2036? If the dollar is in trouble, will Japan reach out or strike to end its dominance more quickly?

What will the world be like in the coming years as crypto becomes more popular and AI evolves faster than human imagination? How will the new world order be formed?

❤️ cowriter aethery