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I think the main reason is not discussed either..
Why does the US have a massive trade deficit? Because the dollar is too strong, imports are cheap, exports are expensive.
Why is the dollar too strong? Because the US insists on it being the world reserve currency and regime-changes countries that try to exit the dollar system.
Why do they want it to be the world reserve currency? Because it gives them leverage over other countries and ensures trade surplus countries fund the US gov with their surpluses.
Framing the US as a victim is absurd. Exporting dollars you can print for free and getting real goods in return is the opposite of being scammed, the US is the scammer!
Indeed. Well said
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