Yes, because since US money is equivalent to Monopoly money, you can easy spend imaginary money to pay for this...
The establishment think the dollar will ALWAYS be dominant but the more they burn through the reasons to ally with the US, the less value that currency holds.
It always amazes me that overseas countries frequently tie their currencies to the USD.
Washington and the FED get ALL the benefits of printing the currency. But your citizens get screwed by having their savings stolen. Why would you donate money to Washington every year?
Yes, because since US money is equivalent to Monopoly money, you can easy spend imaginary money to pay for this...
The establishment think the dollar will ALWAYS be dominant but the more they burn through the reasons to ally with the US, the less value that currency holds.
It always amazes me that overseas countries frequently tie their currencies to the USD.
Washington and the FED get ALL the benefits of printing the currency. But your citizens get screwed by having their savings stolen. Why would you donate money to Washington every year?
https://x.com/upholdreality/status/1593703642363748353
Meloni talked about the same thing in the link above (France does it to ex colonies too)
Argentina tried to match the dollar for a while during the late 90's. It caused a banking crisis.
I always thought the Argentinian debt crisis was due to each state in Argentina being able to borrow as much debt as it wanted -
like giving your 20 friends your credit card.
That's just south American corruption. Whenever a good thing happens, the leeches milk it till it bleeds.
As my dad says, Evita was a horrible woman, but compared to everyone else she was a saint.
de-dollarization can't come soon enough.