Why the US Is Waging Economic War on Turkey

[Text Drivers are Killers]

The dollar is fiat money as is bitcoin. We need the gold standard.

http://www.investmentwatchblog.com/w...war-on-turkey/

aug 17 2018 The United States’ stated reason for this economic warfare is because Turkey is holding a US pastor captive. But as I have been detailing for over a year, the souring relationship between these two countries is far more complicated.

The real reason behind the dispute is Turkey’s move toward the Eastern powers (Russia and China) over the past few years. Turkey has recently finalized a deal to buy Russian weapons, instead of buying weapons from NATO countries.

Perhaps the most hostile act toward the Western alliance, however, is Turkey’s assistance in destroying the US dollar hegemony (Petrodollar). Turkey’s president, Erdogan, has gone on a gold-buying spree in recent years and is now suggesting that international loans should be made in gold instead of US dollars. Here are his exact words:

“I made a suggestion at a G20 meeting. I asked, ‘Why do we make all loans in dollars? Let’s use another currency.’ I suggest that the loans should be made based on gold… With the dollar, the world is always under exchange rate pressure. We should save states and nations from this exchange rate pressure. Gold has never been a tool of oppression throughout history.”

[Jack]

Makes you wonder why Turkey is still in NATO?

[Fentoine Lum]

The dollar is fiat money as is bitcoin. We need the gold standard.

Your economic system would collapse. The entire thing is a ruse. We got off the gold standard so we could fund the empire and endless wars of occupation and economic colonization.

[Irish Exit]

Makes you wonder why Turkey is still in NATO?

Cold warriors won't let go of the past any more readily than the left will let go of failed welfare programs. Turkey shields Iran, works with Russia, obstructs US policies and harbors terrorists. Only Pakistan has proven itself to be a worst "ally".

[NiftyNiblick]

Turkey should have their asses tossed out of NATO. We can put missiles somewhere else.
They've fallen from a decent, secular nation to just another Islamist Strongman shithole.
The one thing that they made of any value, Zildjian Cymbals, are now made in one of the world's most civilized places, Massachusetts.
Who needs Turkey?

As for the orange baboon, his positions have no bearing on the value of Turkey, on way or the other, just as they don't on anything else.

[anatta]

The real reason behind the dispute is Turkey’s move toward the Eastern powers (Russia and China) over the past few years. Turkey has recently finalized a deal to buy Russian weapons, instead of buying weapons from NATO countries.

Russian S-400 surface-to-air missile batteries

Perhaps the most hostile act toward the Western alliance, however, is Turkey’s assistance in destroying the US dollar hegemony (Petrodollar). Turkey’s president, Erdogan, has gone on a gold-buying spree in recent years and is now suggesting that international loans should be made in gold instead of US dollars. Here are his exact words:

something I heard about using gold for transactions?

So now we got a hostile Russia -openly hostile because we declared economic war against them,and a fascist Erdogan cooperating. Yankee Doodle stupidity at it's finest