Massive spending even from Republicans is causing a fast change to gold-based contracts that will free us from USA governments' spending and inflating.
May 8, 2026
Total government debt now exceeds the total in the peak war-associated year, 1946, and is exceeded only by the total in the peak covid-associated year, 2020. As of FY 2025, total government debt is 137% of GDP.
Republicans lock tyranny into place
The debt is still being increased. Because Republican congressmen and Trump keep increasing spending.
The Republican-controlled Fed has increasingly accommodated this spending, making the true money supply, TMS, increase from August 2025 through October 2025 at an annual rate of 16%.
Democrats are all in for increasing governments, and can be counted on to use crises to increase governments. Republicans are the only party that selects any candidates who, as legislative swing votes or as executives, would limit spending. Republicans provide ballot access- grudgingly-to the only politicians who won't ratchet-lock increases into place. So Republicans' spending is key.
The Republican majorities' and president's actions as of late provide a practical illustration of the fact that fast, extensive change is always good for freedom. If from the start the change is for the better, then fast, extensive change creates new winners who help hold this change in place long-term. If at the start the change is for the worse, then fast, extensive change creates pushback that leads to fast, extensive change for the better. The Republicans' fast, extensive change for the worse is lately producing dramatic pushback for the better, right before our eyes.
Producers and customers are pushing back
In response to the USA government's fast-increasing dollar debasement, gold buyers and sellers increased gold's price in dollars from Trump's January 20, 2025 inauguration to May 7, 2026 by 75%.
Trump keeps saying he has ushered in a golden age, but that hasn't panned out the way he has been claiming it would. Instead, the Republicans have been making gold essential to preserve assets. Also, the Republicans are likely to end up making producers and customers move on to making gold the basis for contracts.
BRICS+ nations reportedly will soon be pilot-testing a settlement system based on a UNIT currency that's backed 40% by gold and 60% by BRICS+ nation currencies. The proposed gold backing, or some subsequent design configuration, may make such a UNIT currency somewhat competitive.
But using the proven dollar settlement system while finalizing contract values at the time of settlement based on the values of weights of gold will be far-more competitive. And contracts based in this way on the value of 100% gold won't only compete well with contracts based on some fractional-reserve gold backed BRICS+ UNIT currency. Contracts based on the value of 100% gold will also compete well with contracts based on the USA government's fast-depreciating dollars.
What can't go on forever, won't
USA treasury bonds denominated in fast-depreciating dollars will keep losing their luster. These bonds should never have existed in the first place in the amounts that have been created by Progressives.
Progressives defy the Constitution's sanctions by not using their powers to limit others in government. With no effective sanctions, the Constitution's rules have no force. This is open rebellion against the USA people and our Constitution.
Progressives' borrowing and spending have been shackling the highly-productive USA people with ever-increasing future interest payments and principal plus unrelenting consumer-price inflation.
The Constitution requires that debts incurred in aid of rebellion shall not be paid. But the USA people haven't by themselves ended the Progressives' rebellion so far. Progressives in both parties have remained in control of which candidates get offered to voters, so they have remained in control of USA governments. Government people abroad and other individuals worldwide have enabled Progressives' tyranny by buying and holding the Progressives' population-enslaving debt.
Whether current national-government people ever-more-openly inflate away these illegitimate debts' value or future national-government people forthrightly repudiate these debts, this dynamic is breaking. When this dynamic is broken, the anti-Constitution Progressive government people will be stripped of their ability to borrow and then spend.
This will greatly free the USA people. Freed in whatever way works first, the USA people will add more value and keep more of the rewards for themselves to save, invest, spend on themselves, and spend on charity to help others. And the USA people will in turn further lead the world's people in advancing productivity on a large scale, bringing the benefits of modern life to everybody worldwide increasingly quickly.
Widespread private actions are increasing freedom
USA treasury bonds are right now getting eclipsed through the various initiatives above from producers and customers. Ending the Progressives' rebellion against the Constitution through decentralized, widespread human actions will be a monumental development.
The mere existence of gold whose ownership is legally protected in multiple competing sovereign nations, together with the existing dollar-based settlement system, is making it possible for individual producers and customers to effectively create a new, flexible, solidly-backed hybrid money.
This new, 100%-reserve gold money will enable the tyranny of the latest dominant, rapacious government producer of monopoly money to be overpowered by producers and customers. It will stop that tyrannical government from being able to borrow and spend now and force repayment later through tax payments together with inflationary devaluation of the government money and bonds. Undercutting the USA governments' borrowing and spending will free the USA people to produce and shop using good money.
A real golden age is dawning. Brought to you unwittingly by USA politicians, and wittingly by self-interested individuals and groups improving the property protections afforded by gold ownership, payment systems, and contracts.
The more intellectual capital we build up, the more value we become able to add. When hurdles must be overcome, we can overcome them very simply. All we need is fast, extensive change. The change can even be initially for the worse.
Beautiful, isn't it ? God makes everything work together in its time.