lmao I just got invited to a talk with this as the blurb:
The dollar is the jewel in the crown of the US financial system. The widespread use of the dollar benefits the US in important ways, in particular it allows the US borrow money more easily. It also means the US can use the dollar, and access to it, as a weapon to sanction enemies of the country, unsettling foes and friends alike. In many respects the dollar is as dominant as it has ever been, but that doesn’t mean the position of the buck is at the top of the heap is guaranteed….
- saying the quiet part out loud
- the financiers are quaking - admitting that the dollar's reign might be coming to an end
- I just love the admission that dollar hegemony and sanctions are a weapon deployed against friend and foe alike.
should I attend and take notes for y'all?
this is actually even more sweeping. the decision gives immunity to all exercises of constitutional authority, not just official acts.