Obama's "Scare Force" Targets BRICS
... Edward Snowden provides the Obama White House with additional impetus to play more sanctions cards. World of currency warcraft. BRICS tired of playing the quantitative easing game After it went off the gold standard and effecitvely decapitalized during the Cold War the United States needed to make it attractive for those who profited from selling America goods it could no longer produce efficiently and otherwise needed to hold fiat dollars, to buy bonds and other treasury instruments to keep the U.S. economy afloat. Over time the strategy took the United States from being a balanced budget nation to the world’s biggest ...