Comment by zuzululu
8 hours ago
at that inflation rate the US dollar would lose its reserve currency status so I doubt it
at some point interest rates should reach double digits like in the 70s following oil crisis
the only crazy scenario for spaceX is it does space exploration/mining and finds something extremely exotic or valuable and sought after.
I get the feeling that in 5yrs or so if China makes the yuan free-floating it will be more of a reserve currency.
All spaceX has to do is keep being as innovative and industrious as it is now, in the physical world as all other companies are getting very lazy or just working on software. Eventually it'll probably go the way of GE because humans are humans, but I think we have a few decades until more compelling places to work come up.
> All spaceX has to do is keep being as innovative and industrious as it is now
SpaceX seemed to lose a big step when Musk got involved in DOGE. I don't know if key people left or what, but the pace seem to slow considerably, and the successes also seemed to come to a crashing halt.
Some principled people left when he made his big heel turn into openly promoting ethnonationalist authoritarianism.
Pretty sure some other principled people stayed behind and are using the field manual[1].
[1] https://gutenberg.org/ebooks/26184
1 reply →
Reserve currency status is already doomed it's a matter of when not if
People have been saying this for decades now. In 1999 the dollar was ~55% of the global foreign exchange reserves. In Q4 of 2025 it was at ~56%.
https://en.macromicro.me/collections/23654/dedollarization/1...
People have been right for decades
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In the sense that all things end, sure. But for the forseeable future the dollar will be the world's reserve currency because 1) the US economy is still the biggest, and furthermore we have a big trade deficit and 2) the dollar is still the least worst currency out there.
It’s always been a matter of when.