That was made clear when Tucker Carlson recently interviewed the Russian strongman President Vladimir Putin, who clearly articulated how the uniparty in Washington is destroying America’s greatest strategic and economic asset — her currency.

Last year, led by the chairman and ranking member of the relevant House and Senate committees, a bipartisan and bicameral bill was introduced that would hand another $300 billion to the Ukraine, this time in the form of the confiscated U.S. dollars owned by the Russian central bank and the Russian people.

There are now renewed calls for this measure as both the budget battle at home and the war in the Ukraine drag on.

Not during the Vietnam or Korean wars or at any point during the height of the Cold War did America do this to the Soviet Union. U.S. statesmen understood then, as our adversaries do now, that the dollar’s reserve currency status is among our most important global assets, both economically and strategically.

This steadfast principled commitment facilitated our post-war expansion of influence over global affairs and commerce, directed investment to the U.S., and kept inflation at bay by parking dollars as reserves the world over.

Eager to demolish this foundation of our global presence and dam that holds back inflation, the Washington uniparty is rallying behind the next step to gut the U.S. dollar.

We warned on this site before how Biden’s unprecedented freezing of U.S. dollars owned by a foreign central bank has fundamentally jeopardized the currency’s hard-won reserve status. In fact, it’s a main factor now driving dozens of countries away from what they see as a dangerous and unpredictable United States — countries now including France and Saudi Arabia.

Of course, China is eager to exploit these fears and welcome countries into its rapidly growing BRICS anti-dollar bloc.

After the Biden administration spent months scoffing at the mere hint of de-dollarization, Janet Yellen dropped a bombshell last year, casually admitting that not only is de-dollarization happening, but Americans should expect more – in her words, it’s “only natural” for countries to flee the dollar since the world is big.

In fact, countries are not fleeing the dollar because the world is big, they are fleeing because Biden made them question the U.S. dollar by using it as a political football where countries must grovel and obey Washington or risk having their national patrimony frozen.

Nations who disagree with Biden on abortion, homosexuality, fossil fuel use, etc. also run the risk of seeing their dollar reserves taken away. As if on cue, the Biden administration has threatened sanctions against countries with anti-sodomy laws such as Uganda.

This asset seizure bill would dramatically up the ante. If the U.S. is willing to not just freeze, but actually hand over a nation’s entire dollar reserves to another country, it confirms the worst fears of any country questioning whether they can count on the dollar or the U.S. at all.

As more nations lose confidence in the dollar, they will sell their dollars. If enough countries do this, those trillions will come flooding home to America — essentially 70 years of deficits pouring in almost all at once.

This tsunami could set off an inflation the likes of which we haven’t seen in a century. Imagine the last three years of price increases put on steroids, amphetamines and covered in nicotine patches.

At a minimum, it’d be multiple years of double-digit inflation like we’re used to seeing in third world countries. At worst, it’d be a full-blown Weimar Republic replacing wallets with wheelbarrows for carrying around currency.

Such an economic catastrophe would, of course, take America off the world stage, not by choice but by necessity. The uniparty would have made their virtue-signaling gift to the Ukraine at the expense of America’s very standing as a world power.

The naïve calls for currency manipulation are a defiling of the dollar’s sanctity and an assault on people’s property rights. If the uniparty in Congress and the Biden administration push the issue much further, it will mean a long walk off a short pier into an ocean of misery for the American people. 

E.J. Antoni is a public finance economist, and Peter St. Onge is the Mark A. Kolokotrones fellow in economic freedom, at The Heritage Foundation.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].

The worst kept secret in Washington DC is that many Republicans and Democrats on Capitol Hill lambaste each other in public while being BFFs in private. They pretend to be on opposite sides of the aisle but other than the radical progressives such as “The Squad” and the America First patriots like most in the House Freedom Caucus, the majority work well together in the murky middle.

This has been the case since the dawn of this nation. It actually took a hit in recent years due in large part to the Tea Party and then the MAGA movement on the right, then the Justice Democrats and their cronies on the left. The “extreme” wings of the respective parties were gaining ground, but since the 2020 election the Uniparty Swamp has been striking back and solidifying its ranks.

The Squad has lost most of the influence they appeared to be acquiring in 2019 and 2020. MAGA patriots obviously took a major blow when the presidential election was stolen from us. Since then, with the help of a multitude of crises that have hit the United States since the Plandemic began, the RINOs and their mainstream Democrat partners have made gains, consolidated power, and are in the process of pushing the “extreme” wings of their parties out.

On today’s episode of The JD Rucker Show — watch on Brighteon, Rumble, or Bitchute, or listen on Apple Podcasts — I explained what needs to be done to reverse this terrible course. First and foremost, we need to identify the primary points of contention that separate the Uniparty Swamp from the “extreme” wings of the parties. Those points of contention include:

• Ukraine-Russia War
• LGBTQIA+ Supremacy
• 2020 Stolen Election
• Climate Change

There are others, but those are the most important ones right now. It’s not a coincidence that these issues all align with the machinations of the globalist elites in the Liberal World Order. Their goal of pushing The Great Reset is conspicuously not discussed at all by the vast majority in Capitol Hill. Other than a handful of America First patriots, no Democrat and very few Republicans acknowledge the existential threat is even an issue.

This is by design and must be recognized for what it is. Regardless of whether Republicans or Democrats have majorities after the midterms, the Liberal World Order will continue their push. The strategies differ slightly based on who’s in charge, but they have enough control over people like Mitch McConnell and Kevin McCarthy to not be too worried about the GOP wrecking their plans.

The long-game on stopping this is to vote in as many America First patriots as possible. A RINO is only slightly better than a Democrat on most issues. On the issues that pertain to The Great Reset, there really isn’t much of a gap at all. NeoCons will continue to push for war with Russia. RINOs will start putting pronouns in their bios. None of them will admit the 2020 election was stolen. As for climate change, we’re already seeing an uncomfortable number of Republicans talking about “conservative environmentalism” that still pushes the same goals as leftist climate change activists, just at a slower pace.

Unfortunately, we may not have enough time to play the long-game through elections. We need to act now. For many of us, that means stepping outside of our comfort zone. For others, it will come naturally. Whether it’s easy for you or not, there are four things we need to start doing as soon as possible.

First, we need get ourselves and our families prepared. If the Uniparty Swamp retains or even expands its power, then The Great Reset is almost certainly going to happen. We are already seeing much of the plan manifesting in America. There’s a reason food and energy prices are so high. It’s the same reason turmoil is engulfing the streets. They want to tear down capitalism, law and order, and the United States itself. To need a reset, you need destruction. To need to build back better, the previous manifestation of society must be taken out. They’ve telegraphed their intentions for years and we’re now seeing it in action.

It’s imperative that as many Americans as possible are self-reliant when things start really going south. This is why we have as our primary sponsors long-term storage food companies and precious metals companies. Heck, we even just added a firearm sponsor, just in case things REALLY go south.

Second, we must operate locally as much as we can. There are many reasons for this, not the least of which is knowing there is power to fight higher levels of government when there are pockets of patriots working together. Joining or organizing local activist groups has not really been a strength of America First patriots ever since the Tea Party lost its presence. We need something similar, only better. They had the right idea by being decentralized, but that lack of centralized leadership left a vacuum through which greedy opportunists hijacked the movement.

Localized groups of patriots can organize protests and work together to build a base that will also help come election time, should we make it as a nation to future elections. But the real power is in establishing a community for support should the need arise to truly focus on defending the rights of people within the groups. Our nature as individualists who oppose collectivism is our greatest strength, but it often leaves us isolated when we need help. We can retain our individualism while still creating power in numbers.

Third, we need to spread the word. It’s getting harder with Big Tech censoring anything that’s not part of their leftist worldview, so we need to start thinking old school. Reaching out to friends, relatives, and those in the aforementioned community groups is important. We need more people to read and listen to those who are telling the truth. I’m not so humble that I wouldn’t want more people to listen to me or read articles on my sites. There are others out there as well trying to fight the good fight by spreading the truth.

Lastly and most importantly, we need to pray. We will need God’s intervention if we’re truly going to make it through all of the turmoil and unambiguous evil engulfing the world today. For a while, I’ve thought that we were entering the end times, and that may very well be the case. But considering the strides we’ve made in recent weeks such as overturning Roe v Wade and exposing many of the plans of the globalist elites, I do have hope that these hard times we’re going through now may not be the absolute end for this world. Whether it is or not, our mission remains the same. We must fight for what’s right with the Armor of God securely worn and a Bible in our hand.

We do not know if we can overcome the vast forces that are arrayed against us. Either way, nothing changes with our mission. We keep going until we cannot go any further. Even then, we still keep going.