The F-16 Standard

"The Rocket" by Mark Von RaesfeldOne of the newer blogs (to me) that I enjoy recently is Information Dissemination. It views the world through more of a naval lens than I do, so I learn from nearly every post. He also has some pithy summaries, like this one:

The currencies of major markets of globalization are not backed by gold, modern currencies are backed by the F-16. If you don’t bring your F-16 to the bank, or you fail to bring your investment in the currency that supports the F-16, you won’t get a loan.

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