U.S. DIESEL PRICES SMASH A RECORD AS THE IRAN WAR CHOKES SUPPLY – w/ Martin Armstrong

The U.S. dollar’s status as the primary reserve currency faces long-term erosion as geopolitical weaponization and flawed economic policies drive nations toward alternative financial systems. Official economic metrics, including jobs numbers and CPI, lack credibility due to systemic government manipulation and outdated Keynesian frameworks. Global stability is deteriorating into fragmented, multi-front conflicts across the Middle East, Ukraine, and the Taiwan Strait, exacerbated by a political class that prioritizes short-term ideological agendas over fiscal responsibility. Martin Armstrong, an economist and forecaster, argues that the current trajectory points toward a systemic decline, where the loss of trust in Western institutions and the rise of decentralized alliances accelerate the transition away from dollar dominance. Tangible assets remain the primary hedge against this impending currency transition as the global order shifts toward a more volatile, multipolar reality by 2028.