Originally Posted by
Harkonnen
Well euro too is pretty shitty currency as it is. The amount of US recovery money has now been 200% higher than the total recovery spendings in all of EU. Most of the stimulus money is created from scratch. Even before the economic mishaps caused by corona, 50 cents, or 50%, of every dollar spent by the federal (public sector) has been created from scratch by printing or digitally. The European Central Bank does not have the same recovery potential at all as the US Federal Reserve. ECB can't create money from scratch like the Fed, and base recovery on this, it would lead to a collapse in the value of the euro. The Fed can print dollars and create it digitally from nothing and fully base its 2000 billion stimulus package on such activities. The dollar is the global trade currency and the world’s most important reserve currency, all countries need it and have to buy dollars to trade, to buy raw materials like oil and gas and metals, concrete or just about anything. There are few exceptions in the world in this regard. Therefore, the value of the dollar cannot collapse, as can the value of the euro if it begins to create from scratch massive amounts of money. One exception can be mentioned for bilateral trade between two countries. According to their agreement, China and Russia use rubles and yuans (Renminbin) in trade. This is a single rather desperate gesture from these countries to try to put the sticks in the wheel of dollar hegemony. Saddam Hussein sought to go to battle against the hegemony of the dollar by announcing that the country would start trading oil in euros. Americans put a stop to these foolish ideas via help from their military power. All other reasons for the invasion of Iraq, were just nonsense, typical false flag ramblings.
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