4min chapter

The Bridge to China cover image

Why are there more countries trading in currencies other than the dollar now?

The Bridge to China

CHAPTER

The Dollar Colonialism

In order to qualify for loans in these countries that we're talking about, the IMF and World Bank would force these countries to liberalize way beyond Western liberalism. So it's not just the dollar itself, but it comes with an entire package of allowing the dollar to do the kind of damage that they really wanted to. Basically, this is paving the way for capitalists in Western world to go there. Take what you want, right? They have the capital.

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