model
The U.S. dollar functions as a global contract system: trade promises are honored because a military enforcement mechanism stands behind the contract.
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Military enforcement
The U.S.
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Timestamped Evidence
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"Okay. Okay. So the basis of the global economy is the U.S. dollar. Okay. So what is the U.S. dollar? The U.S. dollar is..."
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"Okay. Because this leads to financialization, which is just risk and speculation. Okay. So all this excess money is being created around the world,..."
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