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To: delta7
I agree wholeheartedly with the sentiment that it diminishes the relevancy of the US dollar and runs some risk of dethroning the dollar as the world's currency.

But, let's be honest, virtually all other countries devalue their currency worse than we devalue ours. Brandon's activities of devaluing his nation's currency is extreme for us, but the norm just about everywhere else. Even with Brandon it's hard to imagine other currencies taking the place of the US dollar.

5 posted on 03/28/2022 2:27:38 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

Yep, what exactly is going to replace the dollar:

* The Euro - will it even exist in ten years?
* The Yuan - China plays far more games with its currency than we ever do
* The Ruble - Laughable
* Gold - Not until someone figures out how to move a billion in gold electronically
* Bitcoin - Not until it is reversible


8 posted on 03/28/2022 2:32:43 PM PDT by Renfrew
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