Quote from: r0ach on January 21, 2017, 01:42:46 AM

Quote from: Killerpotleaf on January 20, 2017, 09:02:34 PM

but the dollar will crash and media will blame trump

I don't remember the exact number, but I think it's something like 60-80% of international trade is in USD. A lot of that is probably from the oil sales and such. Unless the US prints a lot of money or foreign countries switch to denominating trade in other assets, it's very difficult to bring the value of the USD down in relation to other garbage fiats. That's the whole catch with being a reserve currency, you're required to export more currency than you bring in (a trade deficit and implosion of domestic manufacturing).

The only way Trump can "make America great again" is to destroy the dollar, China style centralized devaluation, print dollars to infinity with hyperinflation, or some other such tactic. Some people have theorized US currency would be switched into two different units with a new domestic only dollar. Such a tactic would likely only help the scumbag jewish bankers implement the SDR to take over the world with the SDR as the unit of account, though. Then 1st world nations would descend into poverty as slaves of the IMF/BIS.

both these things have been happening.
The government shut down at one point because they had blown through 10 years of government spending in 2 month. THANKS OBAMA
and its been a while that countries have been looking for alternatives to the dollar...
other shit fiats have one advantage over the dollar...
they aren't the world reserve of dirty fiats which is about to lose its status, to bitcoin.
not if but AS the USD loses its reserve status, the dollar will lose value.
we'll see the DXY chart bleed slowly and rarely have sharp drops from here on out, till the end of time.

DOOM!