3 ms·
Where does your trillions comes from? It comes from dominating the world and specially oil. If the US does not dominate the world militarily then the US become
by bumbada 5y ago
Where does your trillions comes from?
It comes from dominating the world and specially oil. If the US does not dominate the world militarily then the US becomes poorer overnight.
Would you believe that the US world be able to continue printing $USDs ab infinitum if the world countries didn't need $ to buy energy?
If energy countries were free to make deals in euros, yens, renminbis or reals without being invaded by the US the next day, then the US would be much less wealthy. That is the reason the US does not let countries do that.
Americans can print as many dollars they want because the rest of the world is forced to buy them. Without that, the $USD would be valued probably half or a quarter of what it is today.