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To: existtoexcel
I'm not a money expert, my view is that the dollar is propped up by holding the top currency spot.

Like asserting that Mohammed Ali was propped up by holding the #1 spot in the world of boxing.

Whoever has a #1 spot - to him accrues additional fame, prestige, wealth, power.

The rich man is invited to dinner - the poor man isn't.

Regards,

25 posted on 10/21/2022 2:10:16 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: alexander_busek
Mohammed Ali was propped up by holding the #1 spot

.Yes he was #1, and not propped up as you said. Then Ken Norton broke his jaw, Shavers cracked his skull. The dollar at one time was not propped up but earned #1.

I just don't think the dollar printing can keep going without creating an increasingly false value that will be untenable to holders of the dollar in reserve.

35 posted on 10/21/2022 3:13:27 PM PDT by existtoexcel
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