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One of the most credible explanations I've come across claims that when the US left the gold standard in 1971 US Treasury bonds became the new global standard.What exactly are the USA's interests in the Middle East? Why doesn't she just naff off and confine her interests to within her own borders. I think the whole world would be a lot better off if she did. Where ever you go in the world where the US claims an 'interest' you get tensions and misery
If it's true the US dollar's role as a global reserve currency depends on 800 US military bases scattered around the planet today, any rollback of those forces would have a huge adverse impact on the American standard of living.
The Hard Fist of American Imperialism | Michael Hudson
"Economist Michael Hudson explains how American imperialism has created a global free lunch, where the US makes foreign countries pay for its wars, and even their own military occupation."