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1. Embed this notice
   Paul Cantrell (inthehands@hachyderm.io)'s status on Sunday, 13-Apr-2025 11:17:38 JST Paul Cantrell

   Trust, once lost, is extremely difficult to regain — in human relationships, in international relationships, in financial relationships.

   We’ll still be repairing this systemic damage long after Trump is dead and rotting in the ground.
   https://mstdn.social/@knittingknots2/114328128826865603

   • Embed this notice
     ShadSterling (shadsterling@mastodon.social)'s status on Sunday, 13-Apr-2025 11:59:28 JST ShadSterling

     in reply to

     @inthehands I dunno, I think we just gave away the role of managing the word’s reserve currency. I don’t know what will happen next, but I think it will resemble one of three things:
     - Some other currency ultimately replaces the USD, tho it will take a few decades for for that to emerge
     - We stop having a single reserve currency for the world and and up with a handful of regional reserve currencies
     - After a period of diversification and uncertainty it eventually returns to the USD

   • Embed this notice
     Paul Cantrell (inthehands@hachyderm.io)'s status on Sunday, 13-Apr-2025 11:59:28 JST Paul Cantrell

     in reply to

     • ShadSterling

     @ShadSterling
     Well…yes. And being the world’s reserve currency has given our country’s whole business-financial system a kind of pervasive subsidy that dissipates in any of your three scenarios.