USD is a bubble too because everyone speculates that tomorrow trust in USG does not drop. Which is much more fragile speculation taking into account recent events. When other countries start massively dumping their USD savings one of two things will happen:
1. Either USD goes straight home, raises the prices and destroys remnants of the US economy.
2. Or govt erects an iron curtain of capital controls to keep the influx of USD at bay which destroys remnants of the US economy.
The war is not an option because it only works when you fight with one country while the others are maintaining the value of USD that you print to fund that war. When there's no one to give you stuff voluntarily for USD, the state goes bankrupt way too quick. And the first guys to notice the raising prices are heavy industries and military complex. US would have to transform to something like Hitler's Germany to force people to build and fight. But more likely is the scenario of Weimar's Republic which hopefully transitions to Bitcoin before complex economic connections between all producers are completely broken down.
1. Either USD goes straight home, raises the prices and destroys remnants of the US economy.
2. Or govt erects an iron curtain of capital controls to keep the influx of USD at bay which destroys remnants of the US economy.
The war is not an option because it only works when you fight with one country while the others are maintaining the value of USD that you print to fund that war. When there's no one to give you stuff voluntarily for USD, the state goes bankrupt way too quick. And the first guys to notice the raising prices are heavy industries and military complex. US would have to transform to something like Hitler's Germany to force people to build and fight. But more likely is the scenario of Weimar's Republic which hopefully transitions to Bitcoin before complex economic connections between all producers are completely broken down.