{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Ff7d472f9-c37f-4a58-b748-dafb33ba3a38","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"<iframe style=\"width: 100%; height: 200px;\" title=\"Episode 216 \u2013 The US Dollar and other myths\" frameborder=\"0\" scrolling=\"no\" allow=\"clipboard-write\" seamless src=\"http://player.captivate.fm/episode/f7d472f9-c37f-4a58-b748-dafb33ba3a38\"></iframe>","title":"Episode 216 \u2013 The US Dollar and other myths","description":"In this episode, we have a crack at explaining how the US dollar replaced gold as the default currency.<br />\nReligious Privilege Rally<br />\nOnly about 200<br />\nWe let them pick our fruit<br />\nPacific island nations affected by the climate crisis will continue to survive \u201cbecause many of their workers come here to pick our fruit\u201d, Australia\u2019s deputy prime minister has said.<br />\nMichael McCormack\u2019s comments were made after critical talks at the Pacific Islands Forum that\u00a0 almost collapsed over Australia\u2019s positions on coal and climate change.<br />\nFears are growing the situation\u00a0 might come at a diplomatic cost for Australiain a region where China has become increasingly influential.<br />\nMcCormack, who has been the acting prime minister while Scott Morrison attended the forum in low-lying Tuvalu, attended a business function in Wagga Wagga on Friday.<br />\n\u201cI also get a little bit annoyed when we have people in those sorts of countries pointing the finger at Australia and say we should be shutting down all our resources sector so that, you know, they will continue to survive,\u201d he said.<br />\n\u201cThey will continue to survive, there\u2019s no question they\u2019ll continue to survive and they\u2019ll continue to survive on large aid assistance from Australia.<br />\n\u201cThey\u2019ll continue to survive because many of their workers come here and pick our fruit, pick our fruit grown with hard Australian enterprise and endeavour and we welcome them and we always will.<br />\n\u201cBut the fact is we\u2019re not going to be hijacked into doing something that will shut down an industry that provides tens of thousands of jobs, that provides two-thirds of our energy needs &#8230; and I\u2019m only talking coal, let alone all of our other resources.\u201d<br />\nAlan Jones<br />\nHoped Morrison had been briefed to shove a sock down her throat.<br />\n12th Man, should 2UE be able to sack him under a conduct clause?<br />\nHow is that different to Falou?<br />\nThey will say it was his job to make comments and it wasn\u2019t Falou\u2019s job but it wasn\u2019t his job to make misogynistic asshole comments &#8230; or maybe it was.<br />\nWho cares what Falou thinks about gays? His job is to kick a football.<br />\nWho cares what Jones thinks about women or Adern. His job is to comment on politics and news.<br />\nMore on Nuclear Weapons<br />\n<a href=\"https://johnmenadue.com/ramesh-thakur-professor-white-the-bomb-can-endanger-but-not-defend-australia/\">For deterrence to work</a> for the weaker country, the more powerful enemy must believe nuclear weapons will be used if attacked. If the enemy does attack, however, using nuclear weapons guarantees military devastation for everyone. Because the stronger party understands this, the existence of nuclear weapons will induce extra caution. But it won\u2019t guarantee immunity for the weaker party. Indian missiles struck inside Pakistan and the two engaged in a dogfight in February.<br />\nSuppose sometime in the future, Australia possesses nuclear weapons and long-range delivery systems. For whatever reason, it\u2019s attacked by China using sea-based and air-launched conventional munitions. Would we really threaten nuclear retaliation? What if China didn\u2019t find our threat credible and persisted with its strikes. Would we launch nuclear strikes on Chinese targets? If we don\u2019t, China will have called our bluff on a non-credible threat. If we do, we will have entrapped ourselves in a posture of mutual nuclear suicide in the name of national defence.<br />\nChina Vs USA<br />\nPlease tell me I have misunderstood The Fist&#8217;s position on China!<br />\nI heard &#8220;I&#8217;d rather take sides with an Asian fascist dictatorship than a Western democracy primarily because the former is going to be more economically powerful soon&#8221;.<br />\nThe belt and road is amateur hour compared to the US dollar.<br />\nIf we buddy up with the USA we continue to collect US dollars and US dollars are about to collapse.<br />\n<a href=\"https://johnmenadue.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/085762e2-797c-4ef4-9b10-434ecde61c07/logo2018v2.jpg"}