But surely the US dollar's role as the world's number one reserve currency is safe? "It's safe today," he tells me.
lol. Real talk: what would even replace it? China is the obvious other economic giant, but has a history of closed markets and currency manipulation - absolutely nobody would consider it a "safe" place to base your reserves. Maybe in Euros? But the EU (okay technically Eurozone) is in more dire economic straits than the US.
The only way I could see the dollar ceasing to be the reserve currency of the world is after a long, slow decline of the US over decades. As long as the US military is king the dollar is king.
Americans are so beyond greedy we're the only people that can be trusted to fairly handle money, because we all want to frick each other over for it thus creating the most robust protections in the world.
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lol. Real talk: what would even replace it? China is the obvious other economic giant, but has a history of closed markets and currency manipulation - absolutely nobody would consider it a "safe" place to base your reserves. Maybe in Euros? But the EU (okay technically Eurozone) is in more dire economic straits than the US.
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The only way I could see the dollar ceasing to be the reserve currency of the world is after a long, slow decline of the US over decades. As long as the US military is king the dollar is king.
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Americans
are so beyond
greedy
we're the only people that can be trusted to fairly
handle money, because we all want to frick each other over for it thus creating the most robust protections in the world.
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The Swiss are more greedy still.![:marseyindignant: :marseyindignant:](https://i.rdrama.net/e/marseyindignant.webp)
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Then why isn't silicon valley there? Huh? Huh? Huh?
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They're so greedy they need to actually be able to touch the money; you can't touch bitcoin.
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Snapshots:
https://www.bbc.co.uk/news/articles/cd131v26dneo:
ghostarchive.org
archive.org
archive.ph (click to archive)
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