US moves to strip sovereign wealth investors of US tax perks

Re:US moves to strip sovereign wealth investors of US tax perks by kelseyfrog on Friday January 16, 2026 @07:28PM (#46654048)

The reign of the dollar, at least as the world's reserve currency has distorted the US economy since the collapse of the Bretton Woods system.

We would live in a very different world if the Bancor existed. Instead we got all the things a dollar-denominated system of international trade predicted: the export of industry and the political unrest that followed a status demotion in practically all of middle America.

In the grand scheme of labor vs capital, the dollar reserve has been a heavy foot on the scale in favor of capital.

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Re:US moves to strip sovereign wealth investors of US tax perks by cobber2005 on Friday January 16, 2026 @09:48PM (#46654801)

I realize there's a lot out there on the subject, but do you have any specific reading recommendations summarizing the effect of the US dollar's reserve currency status on middle America? It's a history I've been interested in learning.

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Re:US moves to strip sovereign wealth investors of US tax perks by R_D_Olivaw on Saturday January 17, 2026 @10:51AM (#46658966)

Double this!

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