A PLANNED CRISIS: IRAN, DEBT, THE DIGITAL DOLLAR

Mar 19, 2026
Today I am providing my English translation of a very interesting article by Maximilian, originally in Italian and published on ComeDonChisciotte.org on Monday 16th March 2026.
In part:
Issuers such as Kraken, Circle or Paxos – with their stablecoins backed by short-term Treasury bonds – will operate on the central bank’s settlement infrastructure, creating a pincer movement. On the one hand, the expansion of stablecoins, being collateralised by government bonds, aims to generate structural demand for US debt: an automatic and perpetual buyer that absorbs new issues without going through auctions or open markets. On the other hand, the Fed – by controlling the monetary base and the regulatory framework – gains unprecedented leverage over the economic lives of citizens. Money abandons its traditional function as a store of value and becomes, to all intents and purposes, a programmable tool: with an “expiry date”, directed towards certain sectors, limited in the amount that can be spent, or even subject to negative taxation to force consumption. Let us therefore prepare for the “financial panopticon”: a public-private partnership to manage mass impoverishment and discipline.
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Thus, the war in the Middle East reveals itself for what it truly is: a global operation of financial and social engineering. Whilst bombs fall on targets in Iran and factions clash in the Middle Eastern theatre, in New York, Washington and London the foundations are being laid for the greatest monetary revolution since the days of Nixon and the closure of the gold exchange standard: the transition to a programmable digital Dollar, made “necessary” by the crisis that the bombings themselves are helping to create. The war-induced recession will serve exactly the same monetary function as the “pandemic”: forcing the issue to legitimise the further monetisation of the debt upon which the criminal merry-go-round of Western capitalism is built.

The conclusion is brutal and inescapable: American hegemony is no longer about the final victory in a clash of civilisations, or the tragicomic “export of democracy”. It concerns the refinancing of promissory notes. Foreign policy has become the armed wing of the yield curve. Projection of power, monetary expansion and manipulated crises are now structurally linked in a single, monstrous apparatus – a mechanism designed to mask, at all costs, the collapse of the system.

The question cui prodest? has never been so urgent. The answer, concealed behind the smoke of bombs, the sizzle of algorithms, and the din of propaganda, is clearer than ever: it benefits a bankrupt system which, rather than admit its parasitic obsolescence, is ready to bury the world beneath its rubble.

Read full piece at link below:

https://geopolitiq.substack.com/p/a-planned-crisis-iran-debt-the-digital

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