Lee Camp: I Know Which Country the U.S. Will Invade Next


TruthDig has the article Lee Camp: I Know Which Country the U.S. Will Invade Next.

Sorry, I can’t stand the suspense.

Well, last week, Iran finally did it: It switched from the dollar to the euro. And sure enough, this week, the U.S. military-industrial complex, the corporate media and Israel all got together to claim that Iran is lying about its nuclear weapons development.

I have been following the sequence that Lee Camp describes, but I must have been asleep at the switch last week. I did not notice what Iran did last week that Lee Camp mentions in this article.

Modern Money Theory (MMT) tells us that the USA that makes its own money and borrows exclusively in its own money has policy freedoms that the oligarchs and their politicians don’t want us to know. It is clear that if the oligarchs are willing to have the USA invade other countries if they threaten the position of the USA dollar, that the oligarchs fully understand the impact of losing the policy freedom that they pretend not to know about. (See my previous post Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems.)

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