{"id":50706,"date":"2020-01-25T10:19:39","date_gmt":"2020-01-25T15:19:39","guid":{"rendered":"https:\/\/olduvai.ca\/?p=50706"},"modified":"2020-01-25T10:19:42","modified_gmt":"2020-01-25T15:19:42","slug":"dont-mess-with-the-u-s-financially","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=50706","title":{"rendered":"Don\u2019t Mess With the U.S. (Financially)"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/dweaay7e22a7h.cloudfront.net\/wp-content_3\/uploads\/2020\/01\/Don%E2%80%99t-Mess-With-the-U.S.-Financially-650x360.jpg\" alt=\"Don\u2019t Mess With the U.S. (Financially)\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/dailyreckoning.com\/dont-mess-with-the-u-s-financially\/\">Don\u2019t Mess With the U.S. (Financially)<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">I\u2019ve been documenting financial warfare in my articles for years, but it still doesn\u2019t get the mainstream attention it deserves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Because as you\u2019ll see below, it can directly impact your wealth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Financial warfare tools include account seizures and freezes, expulsion from global payment systems, secondary fines and penalties on banks that do business with targeted entities, embargoes, tariffs and many other impositions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These tools are amplified by the unique role of the U.S. dollar, which is the currency behind 60% of global reserves, 80% of global payments and almost 100% of transactions in oil.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The U.S. controls the banks and payments systems that process dollar transactions. This leaves the U.S. well positioned to impose dollar-related sanctions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Much has been made of the recent killing of Iranian terrorist mastermind Qasem Soleimani. Many say it was an act of war. But guess what, folks?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We\u2019ve been in a full-scale war with Iran for two years now. It\u2019s just that most people don\u2019t realize it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s not a kinetic war with troops, missiles and ships (except Iran\u2019s use of terrorist bombs and the U.S.\u2019 use of drones). And it\u2019s severely damaged the Iranian economy, which has led to protests against the regime.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From the U.S. side, it\u2019s a financial war. People need to stop thinking about financial sanctions as an extension of trade policy, for example.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is warfare. It\u2019s just a different form of warfare.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s critical to understand that financial war is not a sideshow. It may actually be the main event in today\u2019s deeply connected and computerized world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">North Korea is also the current target of a U.S. \u201cmaximum pressure\u201d campaign, where harsh sanctions are applied to a wide range of banks, companies and individuals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Don\u2019t Mess With the U.S. (Financially) I\u2019ve been documenting financial warfare in my articles for years, but it still doesn\u2019t get the mainstream attention it deserves. Because as you\u2019ll see below, it can directly impact your wealth. Financial warfare tools include account seizures and freezes, expulsion from global payment systems, secondary fines and penalties on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[28860,13599,536,21387,827,839],"class_list":["post-50706","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-financial-warfare","tag-james-rickards","tag-money","tag-the-daily-reckoning","tag-united-states","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50706"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50706\/revisions"}],"predecessor-version":[{"id":50707,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50706\/revisions\/50707"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}