Post
Topic
Board Economics
Re: What is safe asset? And If USA dollar weakining what is Next Fiat?
by
rijaljun
on 08/01/2020, 13:21:39 UTC
USA dollar weakining coz of war
So what is Next currency to use?
Its a euro?


And what is the safe asset? 
I Think its not Gold and its not Property either
I doubt that USA will just end like that because of the on going conflict with other country, and with the possibility of having a a war. But if dollar starts to get weak, it can be either Euro or yuan I think? If I'm not mistaken they're next to usd.

As for the safest asset, I'd go for gold. Not crypto. Crypto isn't that stable unlike gold who will never lose its value.

I do doubt that, so does OP.

No one is saying USD will end just like this. I agree with Yuan, but any fiat used to do internasional transaction could be stronger than other common fiats. So, if USD is weakening, then Yuan could the safer asset.