Comment by rayiner
7 days ago
> The golden prize for America's enemies is to remove the US dollar as a global reserve currency.
Why is the reserve dollar good for Americans? Arguments in favor of reserve currency status make the U.S. economy seem utterly fake. It’s as if the world is paying us to maintain borders frozen in 1945.
It stops them from having to address their national debt, has allowed for incredible spending and the arguably pushed humanity forward with the wonderful inventions. Without it, it will be interesting to see how the future unfolds.