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We added a trillion dollars to the balance sheet a few years back. The USD is not backed by trust, it's backed by power. Power that is enforced through military
by ctrlp 2y ago
We added a trillion dollars to the balance sheet a few years back. The USD is not backed by trust, it's backed by power. Power that is enforced through military might and resource control over vassal states like most of Western Europe. If you want to understand how power really works understand that Trudeau just threatened a tariff on maple syrup until one of his wiser advisors pointed out that all Canadian oil pipelines make a pitstop in the good ol' USofA for, checks notes, "refinement". Dunno, sounds important.
Checkmate, Justin.
Meanwhile, in the nursery the rule of law is quietly taking its afternoon nap.