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The Dollar, Debt, and World War 3
By Dickson C. Igwe
The world’s banks link to the Dollar in one way or another. The Dollar is their raw material, payment and transaction system, and measure and store of value. The Dollar is the lifeblood of international finance running through all social and economic transactions. It is in control of the world’s economy. The Federal Reserve and associated agencies possess huge power, the result of their production and management of the Dollar.
The Dollar, Debt, and World War 3
By Dickson C. Igwe
Now, as the global reserve currency, the Dollar and associated agencies are in a win - win. The USA offers it currency to the world and in return, the world pays the costs of the Dollar, not the USA. The USA produces the Dollar and the rest of the world consumes the Dollar or better said trade their scarce resources for that Dollar. In possessing the world reserve currency, the USA has the advantage over countries that rely on the Dollar for trade and industry.
The Dollar, Debt, and World War 3 Part One
By Dickson C. Igwe
The Virgin Islands inhabit an increasingly unpredictable and dangerous world. The policy of the Virgin Islands forging strong links with Asia is a great vision. Asia is the future. Agriculture and fisheries can no longer be an option. Countries in the Caribbean must aim for self- sufficiency.
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Trump and de dollarization 1
By Dickson C. Igwe
Donald Trump and his Make America Great Again Agenda has one Achilles Heel. A weakness that will test the limits of US power and Trump’s ability to drive his America First Agenda: the rise of the South.
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The Donald Trump Dollar
By Dickson C Igwe
The USA has moved hard right with the victory of Donald Trump and the Republican Party.
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The new Gold Standard and King Dollar
By Dickson C Igwe
Now, gold, once upon a time, backed currencies and fostered trade both internally and externally. This was the time of exploration and the discovery of a New World outside of Europe by the ‘’White Man.’’ Gold continued to drive trade from that time to the early twentieth Century. Gold backed paper currency was both an aid to sea trade and exploration, and a way to store value. Gold became the preeminent metal on which paper notes or certificates that supported subsistence and trade depend
The Dollar runs things
By Dickson C Igwe
The objective of these economics articles is to provide insight for laypersons including the writer– non-economists- into a subject that affects national prosperity, and therefore everyone. Families that require food, shelter and safety, cannot avoid economics.
Trust, confidence, and dollar debt
By Dickson C. Igwe
OK. There has been much news about the Non-Aligned Movement in recent years. These are countries considered neutral- not linked at the hip with the USA or the West. BRICS- Brazil, Russia, India, China, and South Africa and nations in the Middle East, plus a number of others in Asia.
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Confidence is dollar debt
By Dickson C Igwe
OK. World leaders look to the Dollar in managing their governments and economies. How? Well, the Dollar and Dollar related instruments, managed by institutions such as Central Banks, the IMF and World Bank is the last port of call for leaders of most world economies.
The Dollar and Trust
Dickson C. Igwe
Trust and confidence are supreme in economics and society. However, trust and confidence are relative. We tend to trust that which controls our lives.
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