“The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve – In other words, the dollar is backed by…the dollar; it’s a very circular and naive position. “
No, the real argument is that fiat currencies are backed by productivity, and the U.S., despite constant predictions of our demise, is still the most productive nation on the planet.
“...the U.S., despite constant predictions of our demise, is still the most productive nation on the planet....”
Have you seen what Generation Z has turned into? That plus the 5 million illegal alien leaches pouring into the USA every year will be the downfall of this “productive nation”.
“U.S., despite constant predictions of our demise, is still the most productive nation on the planet.”
Our “leaders” are working 24/7 on subverting productivity with taxes, regulations, anti-white and anti-Asian racism etc.
Eventually they will succeed.