Why supplying the world’s money pressures the US to import more than it exports, and why the imbalance is so hard to reverse
“Money promises abundance, only to return want.” (The Author)
In its disquieting force, this dictum cuts through the allure of monetary power to expose its central paradox: Abundance may broaden choice at the outset, only to unsettle balance and narrow freedom over time, as advantage matures into obligation.
The global supremacy of the dollar bestows upon the US an extraordinary latitude, permitting it to borrow on exceptionally favorable terms and thereby opening a wide spectrum of spending possibilities.
Yet over time…
Read the full article at RT.COM
