Politics and Money

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The US Dollar is the world currency.
America dictates trade in a market provided by fiat currency.

Since Nixon abandoned the Brenton Woods accord and the gold standard to denounce the debt of the Vietnam War.

Carter was left with double digit inflation.
Reagan deregulated.
Senior Bush presided over the collapse of Savings and Loans as the result.
Clinton advanced deregulation with over riding votes in the Senate and Congress for Bowles/Simpson.
Bush demanded new economic growth and found it in housing.

And here we are.....four years after the financial collapse of the World's credit system.