US Pushes Dollar Dominance, Calls it 'Global Stability'
The Financial Times reports the US Treasury is actively campaigning for broader global dollar adoption, touting its benefits for trade and financial stability. This isn't just about spreadsheets; it's about control. Historically, any nation attempting to seriously transact outside the dollar system has faced severe economic sanctions, if not outright regime change attempts—see Libya under Gaddafi
or Iran today. It's a 'free market' where the US holds the only viable currency gun. This 'push for wider adoption' conveniently overlooks the fact that dollar dominance allows the US to print money with relative impunity, export inflation, and enforce its geopolitical agenda through financial warfare. When Treasury officials speak of 'global stability,' they actually mean the kind of stability
that benefits Washington's hegemonic interests, not necessarily the equitable development of nations forced into the dollar's orbit. How many 'partners' are truly free when their economies are tied to Uncle Sam's purse strings?