So it‘s a diabolical and quite clever scheme that they have realized

“We are in the Midst of an Epochal Tectonic Shift”


"...Well, what certain people around Paul Volcker and others figured out is that the debt was their best asset
– best that was for the banks, for the private banks, not for the nation, but for the private banks. So as
long as U.S.
Debt is rated triple A, and, absolutely essential: so long as the US dollar remains the reserve currency of
trade and in central bank reserves worldwide, then the United States essentially can export its inflation as
it did to Japan in the 80‘s, now today to China, to the European Union and to the rest of the world. In
effect, the dollar surplus lands have no choice with their surplus dollars, but to buy U.S. Treasury debt –
to finance America‘s wars around the world, whether it‘s in Iraq directed against China‘s ultimate
interests or Russia‘s ultimate interests, or any of the U.S. Wars. Those are in a sense being financed by
the dollar accumulations in the central banks of Asia and elsewhere around the world. So it‘s a diabolical
and quite clever scheme that they have realized: They could do that after the decoupling of the dollar
from gold in 1971. ..."