An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Two months after Assad signed the [pipeline] deal with Iraq and Iran, the rebellion broke out in Syria. That’s quite a coincidence, don’t you think? Funny how frequently those kinds of things happen when foreign leaders don’t march to Washington’s tune.
But Whitney loses me at the end when he claims it's all about the dollar's reserve status. Meh, it's about controlling the world, because that's what psychopaths do.
"As long as Washington can control the world’s energy supplies and force the world to trade in dollars, it can spend well in excess of what it produces and not be held to account. It’s like having a credit card you never have to pay off."
Ha Whitney is a member of the Debt Doomsday crowd!
2 comments:
Whitney at his best.
Two months after Assad signed the [pipeline] deal with Iraq and Iran, the rebellion broke out in Syria. That’s quite a coincidence, don’t you think? Funny how frequently those kinds of things happen when foreign leaders don’t march to Washington’s tune.
But Whitney loses me at the end when he claims it's all about the dollar's reserve status. Meh, it's about controlling the world, because that's what psychopaths do.
"As long as Washington can control the world’s energy supplies and force the world to trade in dollars, it can spend well in excess of what it produces and not be held to account. It’s like having a credit card you never have to pay off."
Ha Whitney is a member of the Debt Doomsday crowd!
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