Post
Topic
Board Economics
Re: The End of "USD" as the World's Reserve Currency
by
LogitechMouse
on 17/05/2020, 08:50:01 UTC
What are your thoughts? Will COVID-19 destroy the US' economy, leading to the rise of another reserve currency (especially when the US is the #1 country with coronavirus cases)? Or will the USD still thrive? Huh
It already destroyed their economy as to my perspective.

When they used Quantitative Easing, they already started to destroy their economy. For sure this move by the US Government will have a big impact for them for a long time. Now with the question if there will be another reserve currency that will arise. I don't think that it will happen though. Take note that Trump is their President but he is also a businessman and he knows anything about money. I know for sure that he will make a plan to be #1 again in terms or economy.