This is something many Americans do not understand at all. The majority owe their lifestyles to the violence against non-compliers. If countries were able to trade in whatever currencies they wished instead of the "petrodollar" America's economy would go down the toilet and you couldn't keep printing and borrowing money. So realize it's hypocritical to enjoy an American lifestyle and condemn constant warmongering.
So you DO want the endless wars. Then don't sit here criticizing Xiden for starting more. It's not a leftist point of view, moron, it's what every person knows who's not a retard. Plenty of leftists believe exactly what you do.
Recycling of petrodollars is beneficial to the greenback because it promotes non-inflationary growth.
Which is another way of saying our government blinks exorbitant amounts of money into existence in the form of debt, and then offloads the inflation to other nations, while charging their own citizens interest.
And ya, it's definitely no coincidence that many Arab countries are actively seeking to undermine US dollar hegemony by trading oil in Euros. That's the same thing Saddam tried to do with the oil for food program, just prior to his violent death at the hands of the US military. And just like Gaddafi tried to do just prior to his violent death...at the hands of the US military.
I mean, who do these people think they are, sovereign nations?
Muammar Gaddafi has entered the room.
‘We came, we saw, he died’.
What shall we do with all of these weapons?
Let's ship them to Syria.
What could go wrong?
There are two things backing the value of the massively diluted USD:
https://www.investopedia.com/articles/forex/072915/how-petrodollars-affect-us-dollar.asp
This is something many Americans do not understand at all. The majority owe their lifestyles to the violence against non-compliers. If countries were able to trade in whatever currencies they wished instead of the "petrodollar" America's economy would go down the toilet and you couldn't keep printing and borrowing money. So realize it's hypocritical to enjoy an American lifestyle and condemn constant warmongering.
I’m unapologetic, go fuck yourself with that lefty point of view lol
So you DO want the endless wars. Then don't sit here criticizing Xiden for starting more. It's not a leftist point of view, moron, it's what every person knows who's not a retard. Plenty of leftists believe exactly what you do.
One of the bullet points for that article is:
Recycling of petrodollars is beneficial to the greenback because it promotes non-inflationary growth.
Which is another way of saying our government blinks exorbitant amounts of money into existence in the form of debt, and then offloads the inflation to other nations, while charging their own citizens interest.
And ya, it's definitely no coincidence that many Arab countries are actively seeking to undermine US dollar hegemony by trading oil in Euros. That's the same thing Saddam tried to do with the oil for food program, just prior to his violent death at the hands of the US military. And just like Gaddafi tried to do just prior to his violent death...at the hands of the US military.
I mean, who do these people think they are, sovereign nations?