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To: Red Badger
We give foreigners paper money for stuff.....................

Its a great deal for us.

Its why the BRICS are hoping to change it

3 posted on 02/07/2023 7:13:47 AM PST by PGR88 (, )
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To: PGR88

With dollar now under 60% in global reserves, and an unknown (due to traders switching from SWIFT) but diminishing share in transactions it is not going to past long.
It is increasingly difficult for the government to sell bonds abroad, meaning that further practice of printing money to cover deficit is going to bring the same result as in Zimbabwe.


4 posted on 02/07/2023 7:27:47 AM PST by NorseViking
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