Toshisada Utsunomiya

Now on Zenodo: “Reviving the U.S. Dollar as the Key Currency After the End of the Petrodollar: A Second-Physics Blueprint.”

🔗https://doi.org/10.5281/zenodo.19270788
#SecondPhysics #Petrodollar

Reviving the U.S. Dollar as the Key Currency After the End of the Petrodollar: A Second-Physics Blueprint

This paper proposes a Second-Physics blueprint for renewing the role of the U.S. dollar as the keycurrency after the end of the petrodollar system. For roughly four centuries, modern science hasmaintained a deliberate separation between “hard physics” and questions of God, the soul, andresponsibility. Since the seventeenth century, figures such as Galileo, Descartes, and Newton helpedconstruct a world in which matter and motion could be treated with mathematical precision, whilesouls and dignity were left to religion or private belief.In my recent work What Is a Soul?, I formalise the soul in mathematically explicit terms. Within thebroader framework I call Second Physics, I bring souls and responsibility back into the same formallanguage that physics reserves for matter and energy. Against that background, this paper exploreswhat that formal move implies for the contemporary American-led order.First, I analyse dollar hegemony and the petrodollar system as a predatory equilibrium: aconfiguration in which one subsystem of the global economy lowers its own entropy by extractingenergy and resources from the rest, while exporting debt and environmental burden. Second, I arguethat the rise of digital eugenics—ranking and sorting human beings by genetic, cognitive, andbehavioural data—constitutes a structural betrayal of the founding claim that all persons are equalin dignity “under a Creator.” Third, I sketch how Second Physics reconstructs the non-fungibility ofsouls by treating a person as a non-severable, multidimensional trajectory in relational space.Finally, I outline a scenario in which the United States attempts to shift from petrodollar hegemonytoward AI-based soft power rooted in Second Physics: an alignment regime in which soul syntaxfunctions as an “ultimate cipher” for constraining AI, and in which equal dignity re-enters thesystem as a formal limit on what markets, states, and algorithms may do to the human soul. 

Zenodo
Mar 28 at 5:28amWeb
Show threadToshisada Utsunomiya1d ago
The Middle East supplies roughly a third of global oil and a large share of global gas. That alone creates powerful incentives for the U.S. to keep the region’s order legible to markets — even under criticism — given its role in sustaining the petrodollar system.
Show threadToshisada Utsunomiya1d ago

This continues the same line as “Gold War” — the petrodollar order under strain, and a gold-anchored yardstick re-emerging in energy and reserves.

🔗https://doi.org/10.5281/zenodo.19252827

Gold War: The Petrodollar Order, a Gold-Anchored Bloc, and the "Death of the Yen" Narrative

This paper introduces a conceptual framework for understanding current tensions in the internationalmonetary system as a “Gold War”: a structural conflict between a dollar-centred petrodollar order andan emerging gold-anchored bloc. Within this framework, it revisits the popular “death of the yen”narrative and argues that it is, at best, incomplete and, at worst, misleading.Using gold as a cross-currency yardstick, the paper organises a set of stylised facts about the postBretton Woods period. All major fiat currencies, including the dollar and the yen, have been losingpurchasing power against gold over the long run, but not at the same pace. Measured in gold ratherthan in dollars, oil has become cheaper over time, especially over the past two decades. Thiscompresses the gold value of oil exports for traditional petrodollar producers, while favouring actorsthat accumulate gold and secure energy at low gold-equivalent prices. At the same time, Japan’spublic-sector balance sheet combines record gross public debt with large public assets, extensivecentral-bank holdings of government bonds, a strong net international investment position, and a verylarge stock of external assets.Against this background, the paper revisits the “cage” developed in earlier work on Japanese goldprices and electricity tariffs: a configuration in which the yen is squeezed between externalbenchmarks (gold, oil) and internal survival costs (energy, food). It argues that the key systemic risk isnot that the yen is uniquely doomed as a “dying currency”, but that the cumulative pressures ofenergy, food, and demographics could eventually force Japan to liquidate foreign assets, includingU.S. Treasuries, to secure essential imports. Such a forced retreat would not be a local event; it woulddirectly destabilise the petrodollar regime by removing one of its most important long-term creditors.The aim of this paper is primarily conceptual. It organises a set of stylised facts about gold, oil, majorcurrencies, and national balance sheets into a coherent “Gold War” framework, rather than attemptinga full econometric treatment. More detailed empirical testing is left for future work. 

Zenodo
Show threadToshisada Utsunomiya1d ago

It also links to my three-axis model of media evaluation (Procedure / Outcome / Order) — and to how “peace” is implicitly defined when a new order is being fixed.

🔗https://doi.org/10.5281/zenodo.19233609

A Three-Axis Model of Media Evaluation in International Conflict: Procedure, Outcome, and Order as Competing Standards of "Peace" (Case Note: U.S. Strike on Iran, March 2026)

This paper proposes a three-axis model for analysing how major media evaluate internationalconflict: Procedure, Outcome, and Order. The model explains why coverage often privilegesprocedural legitimacy and short-term friction while under-reporting long-horizon stabilisationeffects when force is used to “fix” a new order. Two historical patterns are used to ground themodel—(i) order-formation by decisive force (Qin unification) and (ii) negotiated peacebecoming feasible after force clarifies constraints (Richard I and Saladin). A case note on theU.S. strike on Iran (March 2026) illustrates how alliance behaviour and deterrence signals areinterpreted differently under the three axes. The paper closes by defining “peace” not asprocedural quietness but as the sustainable fixation of order, and asks what standards shouldgovern that definition. 

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