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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (281473)11/15/2020 7:33:00 PM
From: Arran Yuan  Read Replies (1) | Respond to of 281500
 
A single currency as the reserve currency is a hegemony like absolute political and/or financial power that is inherently bound to be corrupt. Nature tells us a diverse ecological system tends to be more stable than a singular one. Even the US FRN$ won't hold its single reserve currency status, it should remain to be one of the major currencies of at least 3, such as a combo of US FRN$, RMB Yuan, and something new from Europe(?).



To: Sun Tzu who wrote (281473)11/15/2020 7:49:58 PM
From: Fiscally Conservative  Read Replies (2) | Respond to of 281500
 
Until, another country, or group of countries, can muster up the equivalent GDP to compete with the
USA there will be no alternative to the US Dollar.
We are the swinging dicks and that’s all there is.



To: Sun Tzu who wrote (281473)11/19/2020 6:18:35 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 281500
 
Not lack of Alternative !
It is not about the alternative simply because is there no alternative.
Lets not confuse ourselves with a runaway imagination of individual preference.
You might wish there is/was an alternative.
But...
There is no ALTERNATIVE to the $ Dollar.

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