The U.S. Dollar: A Victim of Its Own Success

 

America’s most powerful weapon of war does not shoot, fly or explode. It’s not a submarine, plane, tank or laser. America’s most powerful strategic weapon today is the dollar.

The U.S. uses the dollar strategically to reward friends and punish enemies. The use of the dollar as a weapon is not limited to trade wars and currency wars, although the dollar is used tactically in those disputes. The dollar is much more powerful than that.

The dollar can be used for regime change by creating hyperinflation, bank runs and domestic dissent in countries targeted by the U.S. The U.S. can depose the governments of its adversaries, or at least blunt their policies without firing a shot.

Erdogan Seizes Total Control of Turkey

 

Turkish President Recep Tayyip Erdogan has achieved his dictator status which was his long-held ambition to expand his powers after the referendum handed him the reins of supreme power. However, the integrity of the vote is seriously questioned and the slim victory of just 51.4% approving a series of constitutional changes converting Turkey’s political system from a parliamentary to a presidential one, means there is going to be tension in Turkey looking forward. There will be no real checks and balances in place.

The opposition parties naturally called for the vote to be annulled because of a series of irregularities, The electoral board decision to accept ballots that did not bear official stamps has really called into question did the people really vote for this dramatic change.