Tag Archives: currency

  Washington’s weaponization of the dollar makes the world abandon the dollar: The Federal Reserve’s higher interest rates after 12 years of zero interest rates are devaluing the asset side of banks’ balance sheets.  Dollar System Breaking Up: This frightens depositors and they withdraw their deposits.  Depositors also are withdrawing their money because they can get much higher interest rates on …

  Herland Report: The United States Could Easily Lose: Since the United States seems serious about confronting China in an extended contest for global supremacy, it had better start getting its own house in order. Other countries will not want to ally themselves with a power that rests on increasingly uncertain economic, social, and political foundations. In seeking the world’s …