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The key is debt. If your debt is in US dollars and you are forced to pay in US dollars, then you need to have US dollars. If you don't have them, you have to tr
by nickjarboe 10y ago
The key is debt. If your debt is in US dollars and you are forced to pay in US dollars, then you need to have US dollars. If you don't have them, you have to trade what you have (labor, land, beanie babies) with someone who has US dollars and want what you have. Hyperconcentrate the dollars, get most people in debt, and maintain the power to collect debts. This will make the economy not work well for most people.
Student loans, house loans, car loans, credit cards. Here we are.