World Blog by humble servant. tweets from twitter and the realest talk. 12 .Educated fools opening there double agents opening their mouths .Thus proving what everybody will come to find out. THEY just spew bu---s--- out the hole in there face.TILL NOW.
johnnie ellington
@e7johnny
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Replying to
@e7johnny
Opinions are like assholes everybody got one.Facts are better than double agents.
johnnie ellington
@e7johnny
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Ukraine Chronicle 401. The Super Imperialism, describing not only an asymmetrical relationship that the US dollar has to the global economy.
By The humble servant. April 09, 2022
What is the US dollar hegemony?
johnnie ellington
@e7johnny
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13s
The term monetary hegemony appeared in Michael Hudson's Super Imperialism,
johnnie ellington
@e7johnny
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describing not only an asymmetrical relationship that the US dollar has to the global economy, but the structures of this hegemonic edifice that Hudson felt supported it, namely the International Monetary Fund and the World Bank.
johnnie ellington
@e7johnny
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Weaknesses of the U.S. Dollar The fundamental weakness of the U.S. dollar is that it is only valuable through government fiat.
johnnie ellington
@e7johnny
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11s
This weakness is shared by every other major national currency in the world and is perceived as normal in the modern age. 1.Non use render it the strength into weakness
johnnie ellington
@e7johnny
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2.This weakness is shared by every other major national currency in the world and is perceived as normal in the modern age.
johnnie ellington
@e7johnny
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However, as recently as the 1970s, it was considered a somewhat radical proposition it was considered a somewhat radical proposition.
johnnie ellington
@e7johnny
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Without the discipline imposed by a commodity-based currency standard (such as gold or gas or oil or rare earth something actually beside TRUST ME), the worry is that (governments might print too much money) for (political purposes to impose we know better) or to conduct wars.
johnnie ellington
@e7johnny
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Will the U.S. Dollar Collapse? (((((There are some conceivable scenarios that might cause a sudden crisis for the dollar. The most realistic is the dual-threat of ((((((high inflation))))) and (((((high debt)))), ((((a scenario in which rising consumer prices))))
johnnie ellington
@e7johnny
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((((force the Fed )))to (sharply raise interest rates). Much of the national debt is made up of relatively short-term instruments, (so a spike in rates would act like an adjustable-rate mortgage after the teaser period ends.)
johnnie ellington
@e7johnny
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17s
If the U.S. government struggled to afford its interest payments, foreign creditors could dump the dollar and trigger a collapse.And last and most important it become a political tool to impose and threaten Nations))))). These people have been allow to just spew bu====s-----.
johnnie ellington
@e7johnny
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8s
And most prove they are EDUCATED fools.giggles
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