Post
Topic
Board Economics
Re: What would you do if the US Dollar crashed ?
by
toknormal
on 01/12/2014, 23:49:56 UTC

I don't listen to news sites and people who are hoping that the USD will fail. It just won't happen.

Would care to elaborate on the reasoning that brought you to this conclusion ?

I think I know why it's not failing right now despite the massive expansion (x5) of the USD "coin supply", but I can't see those conditions sustainable for a long period.

For example, what makes you so confident that the trillions backed up on Fed balance sheets, or the Chinese held $1T in USD bonds or the Japanese held $1T in USD bonds or the huge amounts of dollar denominated sovereign wealth funds held by the Gulf region countries won't find their way back out into the markets ?