The United States maintains global dollar hegemony through the petrodollar system, allowing for chronic deficits and large-scale spending without triggering severe inflation, as countries engaged in oil trade are compelled to hold and recycle USD reserves.
Israel is carefully balanced against other regional powers like Turkey or Iran in West Asia in order to keep Saudi Arabia, the world’s largest oil exporter, in a state of insecurity, dependence, and cooperation.
It is necessary that Israel free itself from this system of control, from the mob-like extortion of American financial empire, such that Israel may truly be a free people in our land.
Super-Imperialism & Dollar Hegemony
The United States is singularly capable among nations in sustaining chronic deficits and expanding credit necessary for government spending without risking serious currency or inflation crises.
This singularity is enabled by global dollar hegemony, enforced by the petrodollar system.
The petrodollar system, borne from a series of secret agreements between Washington and Saudi Arabia following the 1973 Oil Crisis, is the global arrangement in which oil-exporting countries price and sell oil exclusively in US Dollars (USD), creating a sustained international demand for USD and effectively establishing the USD as the global reserve currency.
This dollar hegemony created by the petrodollar system incentivizes countries and central banks around the world to keep and recycle USD reserves, to recycle them in US treasury notes, in order to earn interest on these reserves.
This modern-day imperial tribute financing US deficit spending functionally removes incredible amounts of USD from circulation, acting as a counterweight to dollar inflation even as the US government prints-and-spends at levels without rival or precedent.
Israel & the Empire
The continuance of the petrodollar system requires the suspension of Saudi Arabia between stability and insecurity.
The oil kingdom must be kept stable such that it can continue to produce and sell oil, yet insecure such that it is continually reliant on American security guarantees for its survival and beholden to continued cooperation in the petrodollar system.
Jerusalem therefore acts as a protective proxy of these American oil interests.
Israel is supported by the United States to counterbalance its aggressor proxies (eg: Iran or Turkey) which directly threaten the oil kingdom, similarly suspended into counterbalance, such that Saudi Arabia is kept both stable and insecure.
Where Israel Goes from Here
Israel’s function as a protective proxy for the American financial empire is but one of Jerusalem’s roles in its multifaceted imperial dependence to Washington.
Israel is also:
1. A consumer colony – a repository of US goods,
2. A labor colony – a source of cheap production (particularly in research and development), and
3. A general offshore balancer – a military proxy designed to prevent the hegemony of any single power in a particular region.
To break this subjugation, Israel must simultaneously advance a policy of independence on all fronts.
Jerusalem must consolidate territorial control and regional hegemony, ensuring no regional actor can be credibly positioned as an existential pressure against Israel.
Israel must pursue rapid industrialization and supply chain domestication, taking our economic survival and welfare into our own hands and keeping Israeli capital in Israel.
Israel must implement a program of trade dedollarization and diversification, taking the levers of financial control out of Washington and staking itself in the post-American, multipolar financial order.
Perhaps most importantly, Israel must commit to Jewish education, to the necessary spiritual parallel struggle of conscience, to the creation of a culture grounded in conviction and fortitude that will not be swayed by the threats or machinations of foreign powers.
The advancement of these four objectives will win Israel the independence to no longer be a cog in the US financial empire, but to be a free people and regional power in our own right.
