[Enlightened1]

Initially yes but the long term effects of it would be that we are no longer the world’s reserve currency. That would be very bad for us.

[laplata]

Initially yes but the long term effects of it would be that we are no longer the world’s reserve currency. That would be very bad for us.

>><<

You’re right.

[jdsteel]

“Initially yes but the long term effects of it would be that we are no longer the world’s reserve currency. That would be very bad for us.”

Poppycock. There’s as much bad as good involved with having reserve currency status. People hyperventilate about the idea of that without ever justifying exactly what they are afraid of.

Look at it this way; is every other country with non-dollar currency currently suffering? Are we currently unfairly benefiting?