Post
Topic
Board Economics
Re: The End of "USD" as the World's Reserve Currency
by
Tytanowy Janusz
on 16/05/2020, 07:32:45 UTC
The main legitimacy of the dominance of the American currency in the world is MILITARY POWER.

Do you think that US military power will remain as strong as it is now with 30% unemployment rate that will stay like that for months? Who will pay for this? Printing has it's limits. When USD supply will increase 20% annualy countries will start to move money from dollar to other assets/currencies.