Nuclear Fusion Breakthrough: The End Of The Petrodollar Reserve System?

Scientists have achieved what was previously said to be impossible or decades away…Nuclear fusion yielding a net gain in energy output.

I am thrilled by this announcement since I have long said that the future is a nuclear one—what better way to power our planet than with the energy of stars?

Oil, gas, and biofuel are 20th-century jokes that have fueled war and endless conflict, and they don’t even work so well—the vast majority of the oil and gas we use to power things is lost in the burning of those fuels.

While this is all wonderful news, it doesn’t come without some pain…

I have long warned about the collapse of the petrodollar reserve system; the one thing that truly gives our currency any value at all and the very reason it is a global reserve currency.

There are many benefits we enjoy here at home because our currency is needed to settle international oil transactions.

When the move is made to an alternative fuel source, which will happen, what will happen to the U.S. dollar?

Boatloads of the currency floating around internationally will find its way back home, frantically discarded by nations and investors alike, who no longer have a reason to hold it, and fear continuing to hold it due to the massive sell-off they anticipate.

This influx of fiat money will trigger massive hyperinflation the likes of which we have never seen before.

Coupled with the current trend of attempting to price oil in a country’s own, native currency and the introduction of alternative digital currencies like Bitcoin, the future looks bleak for the dollar…

The U.S. Department of Energy recently announced:

BREAKING NEWS: This is an announcement that has been decades in the making.
 
On December 5, 2022 a team from DOE's @Livermore_Lab made history by achieving fusion ignition.
 
This breakthrough will change the future of clean power and America’s national defense forever. pic.twitter.com/hFHWbmCNQJ

— U.S. Department of Energy (@ENERGY) December 13, 2022

REMEMBER THIS DAY. NUCLEAR FUSION BREAKTHROUGH. We have harnessed the power to create nuclear fusion with lasers eliminating the need for fossil fuels, and without any radioactive waste. This breakthrough creates unlimited clean renewable energy. It eliminates the need for oil.

— Wendell Pierce (@WendellPierce) December 13, 2022

The U.S. Department of Energy explained nuclear fusion in this short primer:

Nuclear Fusion reactions power the Sun and other stars. In a fusion reaction, two light nuclei merge to form a single heavier nucleus.

The process releases energy because the total mass of the resulting single nucleus is less than the mass of the two original nuclei.

The leftover mass becomes energy. Einstein’s equation (E=mc2), which says in part that mass and energy can be converted into each other, explains why this process occurs.

If scientists develop a way to harness energy from fusion in machines on Earth, it could be an important method of energy production.

Scientists produce nuclear fusion breakthrough, and @DanielTurnerPTF joins to share his thoughts. WATCH: pic.twitter.com/UDSHNGJiQm

— Brian Kilmeade (@kilmeade) December 15, 2022

For the first time ever, scientists at the Lawrence Livermore National Laboratory in California have achieved a nuclear fusion reaction that resulted in a net energy gain, sources said https://t.co/GvFnOcLu9x pic.twitter.com/CYxWw9x1FQ

— Reuters (@Reuters) December 13, 2022

CNN writes:

This is the first time scientists have ever successfully produced this, instead of breaking even as past experiments have done.

While there’s many more steps until this can be commercially viable, it’s essential for scientists to show that they can create more energy than they started with.

Otherwise, it doesn’t make much sense for it to be developed.