

I struggle to rationalize this for countries not already in armed conflict.
Legally, practically, or morally?
Practically, armed conflict is way more expensive, and it’s riskier. If you had two strategies for changing someone’s behavior: 1) Punch them until they agree to change, 2) Tell them they can’t borrow any more money from you until they agree to change… you would probably prefer number two because it’s less risky.
Legally… we only have 80 years of precedent for the USD being the world’s reserve currency, amd 50 years of weaponizing that power with the IEEPA. Rules for armed conflicts, on the other hand, are ancient. We have a lot of examples for acts of war in armed conflicts, and we can quickly define them and recognize them. For defining and regulating financial “attacks”… we have basically nothing.
Morally… you and I have different moral systems from the people in charge. People can rationalize some truly heinous shit.




Oh no.
I have a vision of a dark future, in which we replace the jpeg compression deep-fryer with an AI-Telestrations deep-fryer.