Coney_Croft on Nostr: The US dollar will drain your natural resources. The US will endlessly print money to ...

The US dollar will drain your natural resources. The US will endlessly print money to buy your resources. As they do your classes of your people will divide into more disperse upper, middle and lower classes of people. As the printed money filters down to the lower class it will buy them less, and they will need social welfare to survive. As your upper class requires more dollars for your resources, the US will print more $ and send them to you. No skin off them. They have a license to print endlessly. Your food supply will be bought up by the US for amounts of dollars that makes it non-sense for your producers to sell there product into your own economy, therefore starving out your lower class, or at least providing to them a inferior source of nutrition leading to obesity in many people in your nation. You only need to look at the lower class of America to see that has already happened to them. Bitcoin is your real defense against this scenario playing out. Force foreign money printers to buy your resources with Bitcoin. The value of your Bitcoin will rise faster then inflation.