Your interest rates might rise by 5%, because you have to float the dollar on the market.
And all on purpose!
Not going to happen as long as the US military keeps the airways and sea lanes open for commerce.
The dollar is still the best. The Euro was supposed to replace the dollar.
we borrow money, to give it to people that hate us... what could go wrong???
Pretty much kicking Russia out of SWIFT assured that the rest of the world would move on to another way to handle transactions, and with that, like the other 194 countries in the world, we will be REQUIRED to show that we have our debt under control - meaning WE ARE HOSED.
It's due to the global recession.
The Expose has less credibility than the National Enquirer.
The US Dollar as the world’s reserve currency is both a blessing, and a curse, for the United States
Its a blessing for Wall Street, politicians and the US deep-state, in particular given it allows global financialization of US dollar and large permanent deficits for government. It allows the US to export inflation to the world
It is a curse for average Americans whose manufacturing and jobs must necessarily be exported abroad. It allows for massive central government debt and spending and leftist social-engineering
Very interesting.
Bfl
Sub in Euro for IMF and wonder where it all went wrong.
I’ll have to get my suit pressed for dollar death 98,731.
Scanning the article, it’s the same as ever. Digital-only money not only will end the $USD, it will end YOUR access to YOUR money unless the money dictators allow it.
And they won’t unless we stay strictly on their designated paths. Post on Free Republic? Forget about it.