"The Treasury Department would use the interest from these securities to hire U.S. companies to build Saudi Arabia - new cities, new infrastructure - which we've done"
About this Quote
The specific intent is to normalize a particular kind of power. By describing the Treasury as an active engineer of foreign modernity, Perkins implies U.S. policy isn’t just diplomacy or defense; it’s finance as geopolitical plumbing. The subtext is that “building Saudi Arabia” is less altruism than leverage. Those securities and that interest are not neutral instruments; they’re the mechanism that keeps wealth circulating through American firms, tying a strategic ally to U.S. industry while projecting influence without the optics of occupation.
Context matters because “new cities, new infrastructure” is loaded language in the Gulf: futurist megaprojects, prestige architecture, and state-led modernization campaigns that can function as both nation-branding and internal control. Perkins’ phrasing compresses messy realities - labor conditions, authoritarian governance, regional security bargains - into an upbeat procurement narrative. It works rhetorically because it speaks in the soothing grammar of economics: flows, investments, hiring, building. In that diction, empire doesn’t look like conquest; it looks like a contract award.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Perkins, John. (2026, January 15). The Treasury Department would use the interest from these securities to hire U.S. companies to build Saudi Arabia - new cities, new infrastructure - which we've done. FixQuotes. https://fixquotes.com/quotes/the-treasury-department-would-use-the-interest-149688/
Chicago Style
Perkins, John. "The Treasury Department would use the interest from these securities to hire U.S. companies to build Saudi Arabia - new cities, new infrastructure - which we've done." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-treasury-department-would-use-the-interest-149688/.
MLA Style (9th ed.)
"The Treasury Department would use the interest from these securities to hire U.S. companies to build Saudi Arabia - new cities, new infrastructure - which we've done." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-treasury-department-would-use-the-interest-149688/. Accessed 18 Feb. 2026.
