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> A currency without an army is nothing. Can you expand on this? What's the financial function of an army? What's the military function of a currency? I can im
by austinjp 7y ago
> A currency without an army is nothing.
Can you expand on this? What's the financial function of an army? What's the military function of a currency? I can imagine what you might say but I'd like to read it to know for sure.
- anticodon 7y agoSo far US invaded or staged a coup in every country that had audacity to refuse using US dollar. That is one of the most important functions of US military power. Also, countries with US military bases aren't really sovereign. They can't for example refuse to invest significant portion of their GDP in US treasuries.
- sudoaza 7y agoTrue, one of the last things Saddam did was sell oil in different currencies to the us dollar