Posted on 09/25/2017 8:14:25 AM PDT by davikkm
As President Trump is in deep contemplation on the North Korean dilemma, he understands that the military might of the United States is now also its currency. Nations around the world are being led by China and Russia to remove the US dollar as the primary world reserve currency. This is a gang-up against the United States to destroy its long-held standing as the number one world economic power.
But how does this current economic battle to circumvent the US dollar affect President Trump’s decision to show North Korea the military might of the United States? If the United States loses the present currency wars, what do we have left in dominance? Of course, the answer lies in our military might, and that is why President Trump is increasing our military budget and showing our military strength.
Do sanctions work with North Korea? No they do not. North Korea will continue its nuclear program at any cost, as Kim Jong-un will never allow his country to become Iraq or Libya. He knows he has two choices: be overthrown or become a nuclear power. In becoming a nuclear power, he will have a “currency” to trade.
(Excerpt) Read more at investmentwatchblog.com ...
Eight years of Obama engineered economic decline make America even more vulnerable to a 2008 style act of economic warfare.
Having a strong military and willingness to use it ensures people are reluctant to try another 2008 style attack on our country
A cheerleader piece for the imperialist, globalist neo-cons. Nations don’t want the US dollar as the world reserve currency? Park a carrier-group off their coast...they’ll see the light.
Free Traitors&™ and globalists have ruined the US economy and its currency. The fall has yet to come.
The author of the article ignores the major weaknesses of China, Russia, South Africa, etc. U.S. Power is not tied solely to the Dollar.
It not the gold that isn’t in Ft. Knox; the dollar is backed by the gun. It’s been this way since 1945 when the dollar replaced the pound as the reserve currency. The petro-dollar is really a protection racket for the Gulf states and SA.
Great Britain operated much the same way after it defeated Napoleon in 1815 (and Trafalgar in 1805) and achieved uncontested control of world’s shipping routes with its navy. The Roman empire controlled the economy of its day with its legions and control of Mare Nostrum (our sea).
That being said, The US obviously needs to strengthen its economy by promoting free market policies via tax cuts and regulatory relief. Protecting critical industries that supply military hardware is crucial in preventing hostile nations from exploiting production weaknesses. Increasing domestic oil production would also help the buck especially since the petro dollar is waning.
I always thought that the US should have an aircraft carrier on the $100 instead of Independence hall.
As the aphorism goes: The US Dollar isn’t based on gold, it’s based on Plutonium.
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