Comments by "boz" (@BOZ_11) on "Russia is Done with the US Foreign Policy | Dmitry Orlov" video.

  1. Mr Orlov (since economics is not his forte) should learn that any truly sovereign nation (Euro currency carriers are not, by definition) can spend fiscally, without issuing a single treasury security. This idea that they can run out of money (when it's printed out of thin air) is entirely absurd. Moreover, since there are more dollars outside of the USA than within, this international dollar market soaks up what would cause price inflation domestically. If the dollars are abroad, they can't cause inflation at home. A very privileged position. What they will run out of (if they haven't already) is political currency, political sway; without this, US decline is inevitable, especially with the large international efforts to de-dollarize. 50 years from now the dollar will still be the most traded currency, but it's volumes (and therefore importance) will subside greatly. Asia was always the cultural and economic hub of the world, and it will re-take its natural position.
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  2.  @AndriesTermote  No currency ever failed because of outstanding treasury liabilities. It's always voluntary insolvency (like a debt ceiling), a huge fall in international demand, massive inflation, or war.
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