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JACK POSOBIEC: US {dollars} spent on international battle is ‘cash we won’t get again’

On Human Events Daily Monday, Jack Posobiec broke down the economic turmoil the US is experiencing due in part to the money that is being spent in foreign conflict that America “can’t get back.” “We’re in a situation where the US dollar and the de-dollarization movement has already begun around the world,” he said, adding

JACK POSOBIEC: US {dollars} spent on international battle is ‘cash we won’t get again’

JACK POSOBIEC: US dollars spent on foreign conflict is 'money we can't get back'



On Human Events Daily Monday, Jack Posobiec broke down the financial turmoil the US is experiencing due partly to the cash that’s being spent in international battle that America “cannot get again.”

“We’re in a scenario the place the US greenback and the de-dollarization motion has already begun all over the world,” he stated, including that this doesn’t essentially imply the greenback will fall because the world reserve foreign money.

Posobiec defined that monetary transactions carried out by OPEC involving oil and pure gasoline all over the world are executed in greenback denomination.

“That is the actual US energy all over the world,” he stated. Vladimir Putin pointed this out throughout his interview with Tucker Carlson.

Putin had additionally elaborated that the US started to “weaponize the greenback” by implementing sanctions, due to this fact discouraging different international locations from working “inside the US confines anymore.”

This, Posobiec defined, has amounted to the rise of the BRICS alliance.

“And on the similar time, what are we doing in america?” he requested. “We proceed printing, we proceed spending” cash in international wars comparable to Ukraine.

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“The place do you assume that cash comes from?” he stated. “That is how inflation works. It’s a silent tax, a silent tax that eats away at your spending energy.”

He highlighted that 1 greenback at the start of the Biden administration is value 85 cents at this time.

In response to arguments that the spending the US is doing goes in the direction of US protection contractors and jobs, Posobiec acknowledged “Do you perceive that that is cash that we won’t get again?”

He added, “Whether or not it is by means of inflation borrowing or spending, that is cash that you are taking out of the US financial system and sending elsewhere.”

“Simply since you are spending cash on one thing, that does not imply it is financial productiveness, it is simply financial spending,” Posobiec stated. “If the federal government hires folks to dig ditches, after which return the following day and refill within the dig the ditches … that does not imply you are producing something in your nation.”

“That simply provides the phantasm of productiveness as a result of you have got false employment that is backed by US authorities and US {dollars},” he stated. “It is all humorous cash.”

He stated that because of this Donald Trump, “who can shut this down inside 24 hours,” is required again in workplace.

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