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Ancalagonyesterday at 11:42 PM1 replyview on HN

I'm not a conspiracy believer but truly does this not represent the actions you would take if you were trying to dismantle the reign of the dollar? This admin is blatantly acting in a manner opposite the country's interests!


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kelseyfrogtoday at 12:28 AM

The reign of the dollar, at least as the world's reserve currency has distorted the US economy since the collapse of the Bretton Woods system.

We would live in a very different world if the Bancor existed. Instead we got all the things a dollar-denominated system of international trade predicted: the export of industry and the political unrest that followed a status demotion in practically all of middle America.

In the grand scheme of labor vs capital, the dollar reserve has been a heavy foot on the scale in favor of capital.

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