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To: BusterDog

The USD as world reserve currency has been on life-support for a long time now. The only reason it still has that status is that there is currently no other to take its place.

The Pound Sterling got obliterated as a result of WWII, and the USD was a viable alternative then.

I don’t think the Chinese Yuan can do that just yet…..

What are the other options?


9 posted on 02/26/2022 8:18:05 AM PST by beancounter13 (A Republic, if you can keep it.)
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To: beancounter13
The USD as world reserve currency has been on life-support for a long time now.

Obviously you don't follow the DXY (US Dollar Index). The dollar is doing quite fine right now - and strengthening due to the war.

11 posted on 02/26/2022 8:19:58 AM PST by politicket
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To: beancounter13

“I don’t think the Chinese Yuan can do that just yet…...What are the other options?”

I think China’s big enough now to do it. But if not them, maybe the Euro.


15 posted on 02/26/2022 8:21:30 AM PST by BobL (I eat at McDonald's and shop at Walmart, I just don't tell anyone.)
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To: beancounter13

If only ther were some decentralized currency that was available worldwide.


60 posted on 02/26/2022 9:04:15 AM PST by JoeRed
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To: beancounter13

We are all on the same sinking ship. Our side is just not sinking as fast....


87 posted on 02/26/2022 3:51:33 PM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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