[Repealthe17thAmendment]

It reminds me somewhat of the streaming wars that happened a few years ago. Netflix was the undisputed king, with little competition. But in a few years, seeing the advantages of having their own streaming services, many appeared on the stage, and fractured the industry. Netflix is still the king, but others like Disney, Apple + , and Paramount have made inroads. Content providers have more choices to sell their work.

And so, the US dollar, along with the Euro will remain the prominent currencies, but they will lose some leverage and the competitors will gain some influence. In the long term, I'd expect there to be more volatility in exchange rates, and US foreign policy will lose a tool that had been used too often for the wrong reasons.

This emerging bloc of countries are bound to become active in testing their newfound power, and while it might not hurt America, it will diminish our influence in the world.

[RomanSoldier19]