[–] user17 0 points 2 points 2 points (+2|-0) ago
The purpose of the dollar as global reserve currency is to allow the issuing country (USA) to run a permanent trade deficit; where other countries give us real "goods" and receive "cash" (fake) in return.. Arguably the biggest financial scam in world history.
[–] Paladin_Diver [S] 0 points 1 point 1 point (+1|-0) ago
Agreed. I recall a Barron's article about a decade ago that speculated that ending the Petrodollar reserve status would drop US wealth by 20% overnight.
It'd be a cause concern if America's real worth wasn't intellectual capital.
[–] muthamedia ago
Can anyone explain to me why illegal aliens are still receiving taxpayer funded benefits? Why are sanctuary cities allowed to exist?