Post
Topic
Board Economics
Re: The End of "USD" as the World's Reserve Currency
by
Vishnu.Reang
on 14/06/2020, 16:49:54 UTC
The US economy will be destroyed not by COVID. The upcoming crisis is a result of the government authorities' stupidity. Why wasn't COVID so disastrous for China? Because they could prevent a real collapse.  

If the pandemic gets worse, then the global economy would be destroyed. The economies of other nations are not immune to the pandemic. So I am not of the opinion that the USD may get disproportionately affected by the virus outbreak. The United States Dollar is not doing that great. If you check the gold price, then it will be clear. But the fact is that the other currencies are doing even worse.