{"id":27297,"date":"2025-01-04T15:33:16","date_gmt":"2025-01-04T14:33:16","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=27297"},"modified":"2025-01-04T15:37:28","modified_gmt":"2025-01-04T14:37:28","slug":"the-dollar-is-our-currency-but-its-your-problem-john-connally","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/us-power\/the-dollar-is-our-currency-but-its-your-problem-john-connally","title":{"rendered":"“The dollar is our currency, but it\u2019s your problem”, John Connally"},"content":{"rendered":"

\"\"<\/p>\n

 <\/p>\n

80% of the dollars in circulation have been created\u2026 in the last 5 years!<\/strong><\/p>\n

Such an acceleration, unprecedented in the macroeconomic history of the world\u2019s most powerful country, raises the question: could it harm the dollar\u2019s status as a reserve currency?<\/p>\n

In my opinion, the opposite is true\u2014the dollar, once again, is being used as a weapon.<\/p>\n

This intense monetary creation is fueling the massive Inflation Reduction Act (IRA) with $800 billion in spending, widespread acquisitions of companies in Europe, and the United States\u2019 global geopolitical strategy.<\/p>\n

One observation: they are capable of multiplying, and exponentially increasing their monetary creation, without inflationary pressures<\/em>, which leads to the conclusion that these dollars are not merely flooding the economy but are being used wisely<\/strong><\/em>\u2026<\/p>\n

 <\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

  80% of the dollars in circulation have been created\u2026 in the last 5 years! Such an acceleration, unprecedented in the macroeconomic history of the world\u2019s most powerful country, raises the question: could it harm the dollar\u2019s status as a reserve currency? In my opinion, the opposite is true\u2014the dollar, once again, is being used…<\/p>\n","protected":false},"author":4,"featured_media":27306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[648942763,648942762],"tags":[],"class_list":["post-27297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monetary-creation","category-us-power"],"yoast_head":"\n"The dollar is our currency, but it\u2019s your problem", John Connally - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/us-power\/the-dollar-is-our-currency-but-its-your-problem-john-connally\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\""The dollar is our currency, but it\u2019s your problem", John Connally - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"  80% of the dollars in circulation have been created\u2026 in the last 5 years! Such an acceleration, unprecedented in the macroeconomic history of the world\u2019s most powerful country, raises the question: could it harm the dollar\u2019s status as a reserve currency? In my opinion, the opposite is true\u2014the dollar, once again, is being used…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/michelsanti.fr\/en\/us-power\/the-dollar-is-our-currency-but-its-your-problem-john-connally\" \/>\n<meta property=\"og:site_name\" content=\"Michel Santi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/michel.santi.economiste\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-04T14:33:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-04T14:37:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2025\/01\/printed.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1176\" \/>\n\t<meta property=\"og:image:height\" content=\"1900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michel Santi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:site\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michel Santi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/us-power\\\/the-dollar-is-our-currency-but-its-your-problem-john-connally#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/us-power\\\/the-dollar-is-our-currency-but-its-your-problem-john-connally\"},\"author\":{\"name\":\"Michel Santi\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"headline\":\"“The dollar is our currency, but it\u2019s your problem”, John Connally\",\"datePublished\":\"2025-01-04T14:33:16+00:00\",\"dateModified\":\"2025-01-04T14:37:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/us-power\\\/the-dollar-is-our-currency-but-its-your-problem-john-connally\"},\"wordCount\":136,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/us-power\\\/the-dollar-is-our-currency-but-its-your-problem-john-connally#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/printed.jpg?fit=1176%2C1900&ssl=1\",\"articleSection\":[\"monetary creation\",\"US power\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/us-power\\\/the-dollar-is-our-currency-but-its-your-problem-john-connally#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/us-power\\\/the-dollar-is-our-currency-but-its-your-problem-john-connally\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/us-power\\\/the-dollar-is-our-currency-but-its-your-problem-john-connally\",\"name\":\"\\\"The dollar is our currency, but it\u2019s your problem\\\", John Connally - 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Indeed, bank\u2026","rel":"","context":"In "Money"","block_context":{"text":"Money","link":"https:\/\/michelsanti.fr\/en\/category\/money"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Saint-Louis.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Saint-Louis.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Saint-Louis.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Saint-Louis.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Saint-Louis.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":19469,"url":"https:\/\/michelsanti.fr\/en\/china-2\/china-is-quietly-quaking-in-its-boots","url_meta":{"origin":27297,"position":3},"title":"China is quietly quaking in its boots","author":"Michel Santi","date":"June 5, 2019","format":false,"excerpt":"\u00a0 Is China on the brink of a crisis similar to the one suffered last year by Argentina, due to a defective balance of payments? In such a situation, China would see itself short on dollars, unable to support its own currency! As for many other sovereign nations, the Yuan\u2026","rel":"","context":"In "China"","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/category\/china-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2019\/06\/tigre-de-papier.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":27702,"url":"https:\/\/michelsanti.fr\/en\/ecb\/rearm-europe","url_meta":{"origin":27297,"position":4},"title":"Central Banks: The Hidden Engine of European Rearmament","author":"Michel Santi","date":"March 9, 2025","format":false,"excerpt":"In 2015, during a joint NATO exercise, German soldiers were faced with such a severe weapon shortage that they had to replace unavailable machine guns... with broomsticks. Ironically, their leader at the time, Ursula von der Leyen, now President of the European Commission, is now trying to embody the continent's\u2026","rel":"","context":"In "ECB"","block_context":{"text":"ECB","link":"https:\/\/michelsanti.fr\/en\/category\/ecb"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Capture-decran_6-3-2025_175751_mexicodailypost.com_.jpeg?fit=1200%2C878&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Capture-decran_6-3-2025_175751_mexicodailypost.com_.jpeg?fit=1200%2C878&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Capture-decran_6-3-2025_175751_mexicodailypost.com_.jpeg?fit=1200%2C878&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Capture-decran_6-3-2025_175751_mexicodailypost.com_.jpeg?fit=1200%2C878&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Capture-decran_6-3-2025_175751_mexicodailypost.com_.jpeg?fit=1200%2C878&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":19061,"url":"https:\/\/michelsanti.fr\/en\/european-union\/a-precarious-euro-in-a-europe-with-no-ambition","url_meta":{"origin":27297,"position":5},"title":"A precarious euro in a Europe with no ambition","author":"Michel Santi","date":"November 8, 2018","format":false,"excerpt":"The dollar has been an integral part of America\u2019s foreign policy for decades. Much more than the currency of reference for global trade, greatly surpassing the privileged status of reserve currency for the central banks, the Greenback is the supreme arbiter. With the simple press of a button, the US\u2026","rel":"","context":"In "dollar"","block_context":{"text":"dollar","link":"https:\/\/michelsanti.fr\/en\/category\/dollar-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/11\/euro.jpg?fit=449%2C343&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/27297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=27297"}],"version-history":[{"count":4,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/27297\/revisions"}],"predecessor-version":[{"id":27309,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/27297\/revisions\/27309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media\/27306"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=27297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=27297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=27297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}