Imagine if we lost reserve currency status and all those dollars come rushing home.
ya, it would be loonie ,sorry LOL
lol.
for the record I am not related to that loonie and my name is spelled different too
Excellent observation.
I've seen it speculated that when China grows tired of watching its dollar holdings deteriorate, it could use them to buy up American goods and assets in a great flood of dollars.
At first, it would appear beneficial as our exports increase, but the ensuing price increases as they competed for those goods would wipe us out.
The Fed is evil, folks. And it's probably too late [since a**w*p* won re-election] to do anything about it.