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Marco Rubio Accidentally Makes A Great Argument Against US Dollar Hegemony — Caitlin Johnstone

Summary:
The USD as a "nuclear" weapon. It is the preferred weapon in that it leaves everything intact while submitting the recalcitrants to US-elites will. But, ironically, use of the weapon weakens the weapon as other countries develop counters to it, such as alternative payments systems and import substitution that build selfsufficiency.CaitlinJohnstone.comMarco Rubio Accidentally Makes A Great Argument Against US Dollar HegemonyCaitlin Johnstone

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The USD as a "nuclear" weapon. It is the preferred weapon in that it leaves everything intact while submitting the recalcitrants to US-elites will. But, ironically, use of the weapon weakens the weapon as other countries develop counters to it, such as alternative payments systems and import substitution that build selfsufficiency.

CaitlinJohnstone.com
Marco Rubio Accidentally Makes A Great Argument Against US Dollar Hegemony
Caitlin Johnstone

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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