“In short, every time one of us “foreigners” (or “Aliens” as the US government sweetly calls us), buys Dollars as savings, or our national central bank “soaks them up” from domestic markets in order to maintain whatever rate of exchange the IMF requires in order to maintain a “sustainable economy” (Anne Kruger, dixit) – i.e., so as to ensure that we can pay back foreign debt loans – what we are really doing is helping finance the US Budget Deficit. In the worst case scenario, we are helping to pay for the cost of killing iraquis and afghanis, preparing invasions against Iran, Syria, North Korea or Venezuela, or torturing POW’s in Guantanamo and Abu Ghraib.

As a counterpart, these market-economy puppet central bankers have had no problem in issuing Argentine Pesos to buy Dollars in the local market and the IMF and US Treasury Dept suitably applaud them for doing so. However, if the Central Bank were to issue Argentine Pesos to finance the building of our much needed national social and strategic infrastructure, then all “experts” and “media analysts” would go haywire to the scream of “Inflation!” Why is it that these “experts” insist that a 600 km four-lane highway is not proper “collateral” for issuing local currency, whilst neat piles of Dollars sleeping in the Central Bank is. Ah, the mysteries of finance..

In short and as a crude example of what we are saying, every time the Argentine people need to buy a barrel of oil, we must, as a community, work and toil to earn u$s 57 to buy it. However, every time the US government needs to buy a barrel of oil, it just has to ask the Fed to print u$s 57. Clearly, there is a great difference…
Again: like that, it’s easy be a global superpower.
Mafia + Usury = “Market Economy”

— Adrian Salbuchi