Tag: Treasury bonds
The US dollar is backed by blood — victims’ blood, the target-nations’ blood — and the dollar wouldn’t be the world’s reserve currency if it weren’t backed up ultimately by America’s military, “the policeman to the world.”
America has radical financial leverage at this moment precisely because of the ‘strong dollar’. Make no mistake. This is not just the result of Fed hiking rates.
It all goes to show the wisdom of taking a page out of Russia’s book. The world is going through changes and the nations have to adapt to new reality.
Russia has ensured that it is protected against economic trials and tribulations, financial crises, punitive measures, and other menaces.