Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: staytrue
I want to say that having USA get into a shooting war with China has to be the best dream that Islamic nationalists could ever want. It would destroy western monetary system, and capitalism in general.

Although I am not eager for another war--either with China or with any other country--I do find myself wondering: Why might any such war "destroy [the] western monetary system" and/or destroy "capitalism in general"?

349 posted on 12/14/2013 7:55:27 AM PST by AmericanExceptionalist (Democrats believe in discussing the full spectrum of ideas, all the way from far left to center-left)
[ Post Reply | Private Reply | To 323 | View Replies ]


To: AmericanExceptionalist

“Why might any such war “destroy [the] western monetary system” and/or destroy “capitalism in general”? “

Money is a zero coupon debt instrument. It is a debt where you present paper, they give you something of value in return. If the USA and China, the two world’s largest economies shrink dramatically, the paper is no good as there is no longer anything of value. That would be the death of western monetary system and of capitalism.


360 posted on 12/14/2013 3:21:13 PM PST by staytrue
[ Post Reply | Private Reply | To 349 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson