Those could apply to Russia or China, at this point.
What does $$ equal in the US?? May not be oil, much longer. We know it’s not gold. As for “material goods”, what exactly does the USA manufacture these days (or at least, that COULDN’T be manufactured elsewhere)???
Money ($$) COULD equal LABOR, but nowadays, the US Govt hands money to people to sit on their azz.
The only other thing keeping the US Dollar afloat has been the fact that other countries used it to purchase things. If China/Russia/India don’t use it to buy goods, or accept it from folks looking to purchase the goods THEY make, then what VALUE does the US Dollar have????? It doesn’t even make good toilet paper...
