West Point Paper -- Part 4/4
"US Dollar Primacy in an Age of Economic Warfare" - This paper was presented at the West Point Symposium on "Order, Counter-Order, Disorder" on February 9, 2023.
The USD Wrecking Ball: A Geopolitical Lever
It is much cheaper to sow chaos than to defend against it. The US pivot towards guided missiles during the Cold War is a perfect example of this strategy, whereby US strategists “calculated Moscow would need five to ten years and $30 to $50 billion to defend against the three thousand American cruise missiles t…