Sorry I meant to add that we’re borrowing at 4 1/2% with $200,000,000,000,000 of debt.
That’s objective soundness.
It s/b noted that when the dollar replaced the pound sterling as the world standard bearer beyond the UK not vanishing from earth-
the dollar was the obvious, bright shiny successor-
no such thing even currently exists.
Being 200 trillion deep in debt is soundness? Ok... cool.
The way this works is that something better comes AFTER the obvious default and collapse. Over half the world is already working morning noon and night to dump the dollar and our bankers because it’s too dangerous.
It’ll be a a gold backed trade currency composed of BRICS members. Settlements will be made in national currencies within that framework.
There is no advantage to them using dollars anymore. The full faith and credit of the USA means nothing when we are the biggest debtors in all of human history and have collapsed morally as a people. There isn’t a lot of demand for the Denarius these days.