Wednesday, February 19, 2020

To End Forever War, End the Dollar’s Global Dominance

"But in its laser focus on military restraint, the present debate about endless war largely overlooks the financial architecture of U.S. empire. As the Iraq case illustrates, the dollar is a linchpin of U.S. military dominance, motivating and enabling its expansion around the world. To curb America’s imperial adventurism—and the president’s personal ability to engage in it unilaterally—it is essential not only to draw down the nation’s enormous global military presence but to reduce the dollar’s centrality to international trade and finance."

Link here.