The war drums have quieted for the time being. But while the threat of a hot war seems to have diminished, economic warfare continues. President Trump announced another round of economic sanctions on Iran.
We have written extensively how about how the US weaponizes the dollar and uses it as a foreign policy tool. This is one of the reasons many central banks are buying gold. The flip side of that equation is also true. The US government uses the military to support the dollar – specifically by controlling oil resources.