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>and spend those funds on beneficial projects at home? What funds? The US is what it is because it forces the world to buy dollars. If a European country want
by cracrecry 5y ago
>and spend those funds on beneficial projects at home?
What funds? The US is what it is because it forces the world to buy dollars.
If a European country wants to buy gas from Saudi Arabia, the deal must be done is dollars.
Why?
Because the US forces that to happen, by force.
The moment the US stops using military force outside their borders, the world does not need dollars anymore, and the US becomes way poorer, because they can not print dollars anymore.
- chiefalchemist 5y agoPrinting dollars doesn't create wealth. Print money (fiat) devalues that currency. Ron Paul (per End The Fed) would say that it's the unthrottled printing of dollars than enables the USA's warmongering.