I think the US government simply took over Israel and uses it as it pleases...
Bank of Israel bought $600 million to prop up Dollar
The Bank of Israel said Wednesday that it purchased a total of $600million on the foreign exchange market over a 2-day period last month, in order to prop up the plunging U.S. Dollar against the New Israeli Shekel.
Following the purchases on March 13-14, the central bank announced that Israel's foreign currency reserves totaled $29.415 billion - an increase of $930 million.
The move surprised almost everyone in the financial markets....
...The Bank of Israel also announced plans to buy $10 billion over the next two years, in daily installments of $25 million. The bank has already acquired $100 million under that scheme.
Speaking at a hastily convened news conference several days after the foreign currency acquisition, Fischer said a sharp plunge in the dollar's value had prompted him to take action....
What are we going to do with all these worthless dollars and why ruin our own burgeoning economy to save those who are forcing the expulsion of Jews and the creation of a terror state in Eretz Yisrael?
18 hours ago