Both are useful in achieveing American political aims abroad, so getting rid of them seems like a bad choice from the perspective of the US government
Both are useful in achieveing American political aims abroad, so getting rid of them seems like a bad choice from the perspective of the US government
Why do those countries need USD to absorb America’s surplus what does that even mean?
I was thinking in the sense that America creates surplus value from its workers and because domestically they cannot “absorb” that surplus (e.g. workers do not make enough to buy the goods/services) they need to export it abroad. Somewhat similar with what happened with Intel, where the Biden government gave them billions in subsidies, but there was no market that could buy all the chips they produced (because of the sanctions on China). However now that I kind of thought about it more, that might be an incorrect understanding of what is going on (or an outdated one).