Protecting America's freedoms for over 40 years through education and activism. Jr. The real forces behind the drive to establish the U.S. dollar as the currency of the Americas include illegal drug trafficking and money laundering for organized crime. There is a dark and hidden industry whose massive revenues surpass the gross domestic products of most countries. And it is growing. Over the past ten years the production of opium has more than tripled and the production of coca leaves has doubled.
Estimates are low worldwide.
No one wants to advertise how bad the problem is. First, the surveys are based on voluntarily provided information, which an Emory University School of Medicine field study showed to be low by a factor of three or four. Based on past experience, actual drug revenues may be double or triple the figure cited. Dollarization is the process whereby the U.S. dollar becomes the medium of exchange in a foreign country, supplanting the country's national currency. The proposals for official dollarization represent the most radical economic restructuring imaginable, yet little sense is to be found in most reporting on the subject.