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> On Apr 20, 2020, at 6:31 PM, John Reimann <[email protected]> wrote: > > In many other countries around the world, extremely high levels of government > debt led to devaluation and high inflation. The US is in an exceptional > situation because of the global role of the dollar. That role is based on the > military and economic power of the US internationally. However, just as that > power of US capitalism is being challenged so, contrary to what some comrades > seem to think, the international role of the dollar may not last forever. And those cases have been analyzed at length in the /extensive/ literature on modern money systems that’s been produced over the past couple of decades. All this proves is that Reimann still hasn’t read any of it. _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: https://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
