| ▲ | glimshe 4 hours ago | |
People have been saying the dollar is dying since the 19th century. They said it again during the Great Depression, the end of Bretton Woods and the 2008 Financial crisis.. | ||
| ▲ | nairboon 2 minutes ago | parent | next [-] | |
Look at a 100 year purchasing power chart of USD, doesn't look very healthy... | ||
| ▲ | Moldoteck 3 hours ago | parent | prev | next [-] | |
US dollar value was held by several pillars, among which- pax americana, petro dollar/assets and innovation sector. Pax americana is dismantled by US itself. Petro chemicals are threatened by ren transition and China. Tech sector still ensures having a lead in innovations. Guess what'll happen when/if pax americana will be fully dead, most important economies like EU/China/India will be able to supply own needs with less petrol products since the rest will com from ren and when/if tech AI pops/turns into a fiasco. Nothing lasts forever and US dollar is no exception | ||
| ▲ | hk__2 3 hours ago | parent | prev | next [-] | |
Those people were right, it’s just that it will take more time that what they though. | ||
| ▲ | YesThatTom2 4 hours ago | parent | prev [-] | |
The difference is now the US has a leader that is actively encouraging its downfall. | ||