The U.S. dollar so far has managed to withstand a withering assault upon its stability by modern monetary theory apologists and the profligate federal spending in response to the COVID-19 pandemic—record levels of inflation notwithstanding. The dollar, which has been the world’s reserve currency and an integral instrument of U.S. power since
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As anticipated, Vladimir Putin has invaded Ukraine. As also anticipated, the West has responded with economic sanctions. U.S. sanctions alone include: asset freezes on Russia’s primary financial institutions and key elites; restrictions
The U.S. dollar so far has managed to withstand a withering assault upon its stability by modern monetary theory apologists and the profligate federal spending in response to the COVID-19 pandemic—record levels
As anticipated, Vladimir Putin has invaded Ukraine. As also anticipated, the West has responded with economic sanctions. U.S. sanctions alone include: asset freezes on Russia’s primary financial institutions and key elites; restrictions
