General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
bighand69
Zeihan on Geopolitics
comments
Comments by "bighand69" (@bighands69) on "" video.
The US built that system and it is theirs to use. Each of those countries is free to build their own system but it is not something that can be wished into being and takes a century to build.
7
You simply do not understand the US dollar then. The USD is based on the internal trade of the US economy that then means new currency is created. The reason they use QE is because they allow so much money to go abroad to other economies for trade so they have to make up the shortage of currency in US banking transactions. Several large banks in the US ran out of cash that could be used for trade even though they had very healthy balances of reserves but not the cash in clearing to be sent. So when you hear QE it has nothing to do with government needing money.
3
Every country needs to be focused on its own culture.
3
US economic machine is the trust.
3
@attilaann5686 US does not need to seize Russia heavy crude.
2
Not all US oil reserves are cleared for public economic reserves. Many have been tied up in economic orders. Every president has sight through executive orders barring prospects from processing. The US has not even begun to tap into its shale reserves of oil or gas.
2
None of the developing countries actually have a true market economy. They tend to be top down economies controlled through special political panel. You could hand many of them 100 billion tomorrow and they simply could not do anything with it.
2
Destroyed off shore is not the correct way of putting it. It most certainly is not helping the US but it does help with keeping peace and ensuring that others are able to function. Everybody thinks the US coming off the reserve status is a bad thing for the US when it is nothing of the sort. The US just decides it is worth paying the price to lose some of that currency economic ability.
1
The US built their system and then loaned it out to the world who could not be bothered to build their own. If they want a competing system with America that means dirty things such as liberty and free market that they get repelled by. Cannot use the US system and then cry when it is taken away from them.
1
Then Russia should not have invaded that could mean invading Europe.
1