That is a great article. And surprisingly positive as to the effects this re-ordering will have on the American economy. Hopefully, it will force the US gov to pair down the deficit spending. That would be not only an economic win, but a win for liberty as well.
Maybe in the very long term. But the American government's sanctions on Russia has caused a big part of the world to be wary of getting too involved with trading in U.S. dollars. Consequently, demand for the American Dollar will go down as will its value.
While this is going on, Russia is only accepting Rubles for its natural gas sales to Western Europe,...which will increase the demand for Rubles and increase its value.
Basically, a big chunk of the world is converting their economy over to a system that will not accept American Dollars as payment.
,....and it's all because the American government has implemented sanctions and policies that has caused a big chunk of the world to lose faith in the U.S. Dollar.
,..and faith in the U.S. Dollar is the only thing that gives it any value.
