RE: So basically we’re screwed.
OK, the Dollar hegemony is ending, which fiat currency does the world flock to? There are only a few major ones I can think of:
* Chinese Yuan
* Japanese Yen
* British Pound Sterling
* Euro
Any other major currency? Russian Rubles? REALLY?
I wish I had $100 for every article I’ve seen over the years touting the end of the dollar. I could retire early.
Nice to see your reply.
It is like a game of poker where everybody is cheating.
The biggest cheater may get removed from the table, but it is still a big mess.
Any other major currency? Russian Rubles? REALLY?
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Yes really, now at a 7 year historic high, 26 percent increase in just Three months. They linked the Ruble to gold and their Ruble is backed by the worlds largest commodities reserves.
Doubting Thomas’s can get back with us in a year. The USD has been dethroned, prepare accordingly.