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!
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.
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.