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re: How likely is the USD to lose its world reserve currency status?
Posted on 3/27/23 at 1:25 pm to ShinerHorns
Posted on 3/27/23 at 1:25 pm to ShinerHorns
quote:
I’m willing to bet within 5 years the dollar will be worthless.
Nah, you will still be forced to pay taxes using US dollars. So that right there puts a lot of demand on the currency. However if the Eastern part of the world (China, Russia, India, etc.) stops using the dollar to settle trade transactions the demand globally for the dollar will drop and we will feel the impact in terms of inflation.
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