Post
Topic
Board Economics
Re: Maybe Not Possible For Governments To Get Off Fiat??
by
Ndabagi01
on 17/04/2023, 20:37:00 UTC
Would this be a case of intimidation from more dominate countries that is preventing other governments from wanting to change the financial system?

Thoughts?

In terms of the global financial system, numerous political decisions are being made that the general public is unaware of. The US dollar will remain the most extensively used currency for international transactions for some time, requiring a total change before being swapped to another currency. The world's financial power is shifting and can shift in any direction.

In this process, top countries are always favored, while lower countries follow suit because they believe they cannot exist without the assistance of the top countries. More nations have been harmed by financial dependency than have risen above their world standing.