[“Dollar Diplomacy” referred to the economic means by which the Jeffersonians imposed the Empire of Liberty prior to the Second World War. Before the IMF and the World Bank, the Jeffersonians relied on New York-based banking institutions to lend Kapital to developing countries in Latin America, Africa, and Asia. It was justified to promote the so-called “Monroe Doctrine,” the Jeffersonian raison d’être to exert their hegemony outside the continental US. -DAH]

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