Reported by:
- JohnnyAppleSneed : commies seething impotently ITT
- Nixoncrats_for_trump : ^rightoid changing history as typical
-
fine_wesome
: Isn't it weird how nobody in this thread is posting the
marseys
-
TheUbieSeether
: leftoid sneed
-
Sphereserf3232
: How can there be leftoids or rightoids here if there are no leftoids&rightoids on rDrama?
Gigachad Milei has taken his first W of the year
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JimieWhales
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A big part of why the US can spend so lavishly is because of the dominance of the US dollar. Every time we print money, the US doesn't suffer as much inflation as it normally should, because the dollar is used globally as well, so the effects of inflation are spread across the global economy. We effectively tax the rest of the world.
We saw this exact effect during COVID. Everyone printed money like crazy, but America saw less inflation than other developed countries, because only America printed US Dollars.
Governments may not be household budgets, but the illusion of free money we have in America partly comes from our ability to redistribute value away from the world and towards ourselves.
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Love those Petro-dollars
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They're nice, but depending on them will ruin us some day.
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It's sad but the ruling class insists on riding
this thing into the dirt. Maybe it'll take 3 World 
Wars for us to learn 
this system 
is busted
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Indeed, rejecting the free market will always end in disaster.
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Wrong
it's the free market 
that leads to this disaster
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The free market is when the government forces citizens to use its currency and overthrows any governments making trade deals without it
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Yes might makes right
in a free market 
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By that logic the USSR was a free market. By that logic all markets are free markets.
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muh ideal free market cope. This is one step above ancaps
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I love this word because it reveals who is an r-slur
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Yes. Exportation of inflation + strength of sanctions are why the US tries so hard to remain as the world reserve currency + all the petrodollar bullshit
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I'm sure the only reason no one is using the renminbi is US perfidy
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Do you rly not know why oil trade was exclusively done in usd for so long?
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Because we're the world hegemon, robust and stable, and the largest economy in the world, so our currency is very reliable
You can substitute "oil" for "bananas" or "cars"
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fricking lol smartest rightoid
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burgers use their full military and economical might to bully everyone else into the petro-dollar.
Not saying it's a bad thing
vae victis or whatever but you gotta be honest about it
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