AOC grills the Zuck like the boss America needs

Iraq, Iran, Libya, all challenged the dollar’s role as the currency in which oil must be traded. That was a direct attack against the dollar as the global reserve currency, in other words, the reason to hold dollars rather than any other currency in the world as it is(was) the only way to pay for the single most important commodity for economic development, oil.

Any challenge to dollar hegemony means a challenge to the U.S.A. Without the reserve currency status of the dollar, there would not be near infinite demand for dollars and dollar based vehicles, and this would mean that the insane deficits that allow the M.I.C. to exist and also prevents massive dollar devaluation (that means hyper-rich Americans and financial assholes can’t buy up the rest of the world on cheap) from threatening the economic system we suffer from would end.

Facebook and Zuck must’ve been both insane and completely full of themselves to think they could get away with this without major (fatal?) repercussions.

3 Likes