This is probably the most concise explanation I’ve seen of the way in which the fiat U.S. dollar is used to fund the military intimidation of nations whose purchases of U.S. treasuries must be maintained in order to sustain the western corporate empire. Dollars are created by selling treasuries to these nations, and the newly created dollars are used to position troops in the vicinity of those nations in order to keep the process going.
“The worldwide surplus of dollars is forcing foreign central banks to bear the costs of America’s expanding military empire. Keeping international reserves in “dollars” means that when US financial speculation and deficits payment pumps “paper” into foreign economies, these banks have little option but to recycle it into US Treasury bills and bonds—which the Treasury then spends on financing an enormous, hostile military build-up to encircle the major dollar-recyclers: China, Japan and Arab OPEC oil producers. These governments are forced to recycle dollar inflows in a way that funds US military policies in which they have no say in formulating, and which threaten them more and more belligerently.”
Read more at Project Censored.
