US Dollar's future (user search)
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  US Dollar's future (search mode)
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Poll
Question: What'll be the future for the US Dollar ?
#1
World reserve
 
#2
One strong currency with the Yuan and Euro
 
#3
A very weak currency
 
#4
Extinct currency
 
#5
Other option
 
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Partisan results

Total Voters: 25

Author Topic: US Dollar's future  (Read 2780 times)
Person Man
Angry_Weasel
Atlas Superstar
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Posts: 36,689
United States


« on: August 03, 2020, 11:57:58 AM »

It will remain the world reserve only for the fact that no other currency is ready to replace it. Changing from the USD to some other currency is something that no one is willing to make the first move on, and currencies like the Yuan are just not politically trustworthy.

For all its faults, the USD really does have an "incumbency" advantage here.

That's about it and it will last until they can't cook the CBI any more. They keep fudging the numbers on inflation to facilitate the ability to print more money.

Or maybe we don't need taxes anymore and can just fund the Government with money it makes. 🤡
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