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There’s two pillars of American hegemony. A strong dollar supports a strong military and a strong military supports a strong dollar. A country who chooses to go after the usd, which is the strongest nonnuclear weapon in the American arsenal, is making a huge mistake.
Remember, “REAL” (aka total war) wars are fought over standard of living. You send Americans into an economic death spiral...and it will be very easy to shift that anger and desperation to outside enemies. See: nazi Germany.
Quote:
Originally Posted by Thatsright19
"My fingers are shaking as I write this. Everyone in now turning their backs on Adolf. No one was ever a supporter. Everyone was persecuted and no one denounced. What about me? I was there. I breathed what was in the air. It affected all of us.
This is not the story of how Adolf Hitler seized power in Germany. This is the story of HOW and WHY the German people gave it to him.
It's easy to throw stones. Easy to sit in judgment while in the midst of abundance. Roast chicken and the good life. We'd do differently people say. We would have long since cast off dictatorship of Nazi Terror. Would they really have?
Some of what you will see has never been shown on American television before. And some of it cannot be seen in Germany even today. These are their words. Their films. This is therise of the 3rd reich.
There had once been another war. And another German defeat. If you were German in 1919 your peace was humiliation and suffering. Money was worthless. Vigilantes ruled the streets. Berlin had become a swamp of depravity. Everything. And everyone was for sale. The atmosphere has become revolutionary. Apocalyptic. Not only money, but all standards have loss their values.
Saviors have appeared everywhere, claiming that they have been sent to god to save the world. Each was called a heilent, or savior, but in German there is no plural word for savior. There can be only one.
Most Germans thought of Hitler as too radical. If they thought of him at all. But in less than 3 months, Wall Street would crash. And take the German economy down with it. Within a year, the Nazi's would be one of the largest political parties in Germany.
While we descended into misery and called anxiously for a savior. He emerged. Like a mountain. Columns march. Drums beat. And 100,000 men stand firmly gathered around 1 man. Now, build up your people oh master, a great fatherland awaits.
There’s two pillars of American hegemony. A strong dollar supports a strong military and a strong military supports a strong dollar. A country who chooses to go after the usd, which is the strongest nonnuclear weapon in the American arsenal, is making a huge mistake.
Remember, “REAL” (aka total war) wars are fought over standard of living. You send Americans into an economic death spiral...and it will be very easy to shift that anger and desperation to outside enemies. See: nazi Germany.
Ultimately, the dollar isn’t going to be “replaced”. While being the dominant reserve has created massive benefits to the country it also comes at a huge price domestically and to the world. This was discussed at length by China’s central bank in 2009.
The dollar’s weighting and dominance is going to be reduced into a more balanced multipolar arrangement. China’s currency has been given a seat at the big boy table. The world war 2 victory powers less Russia and victory zones all will still dominate. Yen, euro, dollar, pound, yuan
It took about 50 years of the u.s economy passing Britain and two world wars for the dollar to take over the pound. The dollar’s position is much stronger and the likelihood of powers waging effective military engagements without the use of nuclear weapons is slim to none.
I highly doubt we would actually come to a scenario where the dollar is crushed deliberately by a country like say China. No one wins. A nation who had such high living standards simply would not slide into the abyss without flexing its muscle violently. A weighted basket of currency like the SDR is the natural choice.
Last edited by Thatsright19; 01-23-2018 at 02:58 PM..
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