Political Quotes

Madison Cawthorn: When American projects weakness on the international stage, everyday Americans suffer. We know this. We are told this…

On the recordMarch 17, 2022
When American projects weakness on the international stage, everyday Americans suffer. We know this. We are told this daily. But many everyday Americans feel that geopolitics is far removed from their lives. So, let's answer the question: What does it cost for America to be weak on the world stage? This cost is manifested at the pumps every day with 42 percent higher prices. It is shown as food prices soar. Meat, poultry, and eggs are all up over 10 percent. Our weakness abroad produces hardships at home. If we lose our role as the world reserve currency, your buying power, your savings, and your property value could all sink to historic lows. The preeminence of American currency has dominated the global landscape for decades, providing stability as the international bedrock of financial transactions and arrangements. We are the world's reserve currency. We are the standard. But that great financial heritage is slipping away. Our children may soon call the world reserve currency by another name. Perhaps they will know it as the yuan. The geopolitical ramifications of devalued and discarded American currency would not only signal a shift in financial confidence in the United States; it would dissolve our standing among global superpowers. We are witnessing the death rattle of Pax Americana, meaning the era of American peace we have enjoyed in the world for decades.…
Said by
Madison Cawthorn
North Carolina
Source
govinfo.gov
Mar 17, 2022

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