Amazing how many prominent people don’t understand this
Discussion
Let them figure it out
I don't really see any policing, I would call it keeping parts of the world unstable and having select corrupt regimes in power. All in order for multinationals picking up resources. Not really any true benefit for ordinary Americans, as well.
The policing is mainly just the navy and shipping channels. Without the deterrance of navy seals taking out pirates, we will see way more piracy
The second part I mostly agree with. The instability we allow or create in the middle east is mostly on Israel's behalf. As for the global south countries with resources I'm sure they prefer a dictator/centralized power that they can pay off for access to those resources
Either way, isn’t it better??
i want a megapolar world... 1000s of independent shires, a general frowning upon large scale unions, because they are just empires, in embryonic form, and those are just about funneling wealth from the newly conquered to the centre of the empire
a story as old as written history, apparently, that nobody seems to have actually got, because they got tauch at empire schools
The American people subsidise the world.
The world subsidises the top 1% of Americans.
IMO it's the wealthy in America that will suffer the most, the average American may have a struggle but that's the case even if the current system continued. Something's got to stimulate change, maybe this will end up benefitting the average American in the long run. 🤷♂️
US is buying real stuff from the world for fake money which they can make unlimited amount of for no cost
a huge chunk of ppl believe we're getting the short end of the stick.
a huge chunk of ppl also want QE to pump their bags.
what's most amazing is the huge overlap in those groups.
*subsidized (past tense)
Now we can’t pay the interest any longer on that money printer Ponzi scheme
So slam on the brakes and blame the boogey man we created for our predicament
Nice
Does everyone not understand what a "world reserve currency" means? It means the US exports debt and capital and receives goods and services. It's both terrible and exploitative. But as you can tell from tariff threats, imports reduction really scares the world because fewer dollars flow to them.
I'm sympathetic to both views.
On the one hand, the US uses the IMF and World Bank among other things to extract modern-day tribute from other countries.
On the other hand, Pax Americana is real and just to pick one second-order effect, shipping would not be nearly as cheap without it.
It's an odd system of non-US countries paying for a monopolistic service of peacekeeping. And as inefficient as that may be, it's still way, way, way better than world war.
Both are true
Been waiting for Kyla to speak to dollar hegemony and broken money systems.
She does such a fantastic job speaking in plain terms, packaging content in consumable formats, and adding visual aids. I think she could bring a great deal of awareness on this topic to a new audience.
Couldn’t agree more. Clear as day, if other countries don’t prop up the dollar with dollar denominated debts, US loses so many bargaining chips, and many resources that are cheap relative to them (currently)