I try to get a mental handle on what things would be like here if nobody wanted our dollar, whenever I think I’m seeing things correctly I cringe in horror. A worthless dollar means misery beyond comprehension.
If the $US is no longer the reserve currency, then the dollar will collapse and the US government will default. Runaway inflation...banks will shut down. The government will collect all the currency and destroy it and issue a new currency. Probably the amero. We will live with a much lower standard of living. energy, oil, and food prices will be high forever and wages will be low. we will go back to one car(a tiny one) per family, no cell phones, and no cable TV and dial up internet. People will not go out to eat regularly. We will again see 3 generations living under one roof and the vast majority of people will not own a house.
Indeed it does. Wait until the clueless see what gas prices got to after this happens and as the libtards inflate our currency.