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Treasury Secretary Says to Expect a Slow Decline in US Dollar as Reserve Currency
Watcher Guru ^ | 6/13/23 | Joshua Ramos

Posted on 06/14/2023 10:21:36 AM PDT by EBH

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To: EBH

Slow, huh. Well, we have another word they’ve stolen and turned the definition upside down.


41 posted on 06/14/2023 1:51:40 PM PDT by bgill
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To: EBH

To all the Anti-Trump Chimps! Trump had an excellent Economic Team.

https://time.com/4440711/donald-trump-economic-advisors/

They were brilliant!

I am sick and tired of the nonsense Dump on Trump Chumps post. When you ask what the other candidates have done or to provide names of non swamp candidates, all I get are crickets.


42 posted on 06/14/2023 1:57:35 PM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: Chgogal

I loved Wilbur Ross.

https://en.wikipedia.org/wiki/Cabinet_of_Donald_Trump


43 posted on 06/14/2023 1:59:26 PM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: EBH

But they’re trying to speed it up.


44 posted on 06/14/2023 2:09:11 PM PDT by TBP (Decent people cannot fathom the amoral cruelty of the Biden regime.)
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To: Jaust22

Ha! Tranny Captain Kangaroo. Hysterical.


45 posted on 06/14/2023 3:05:46 PM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: Bratch

First photo explains it all worth a thousand words.

D.C. Mafia not happy


46 posted on 06/14/2023 3:26:06 PM PDT by Vaduz (....)
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To: Vermont Lt

“The interest rate will be fixed by another party.”

Who is the party that will fix it?

And will the interest rate for U.S. dollars be set high or low?

I’m not disputing your explanation; just want to understand the basis for it.


47 posted on 06/14/2023 6:03:01 PM PDT by jeffersondem
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To: jeffersondem

Whoever rules the reserve currency sets the rules. Obviously the Fed could set rates in the US, but rates tend to be international. They are used to attract capital or soak up extra liquidity. If debt is set in Yuan instead of dollars, for example, China would have more influence. There are a lot of reasons why that isn’t likely…but as more debt is denominated in non dollar currency, the US will lose control of rates and markets.


48 posted on 06/14/2023 7:57:02 PM PDT by Vermont Lt
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