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    Phileosopher :verified: (phileosopher@noagendasocial.com)'s status on Thursday, 03-Aug-2023 00:10:25 JSTPhileosopher :verified:Phileosopher :verified:
    in reply to
    • victor

    @victor

    The problem is that there's not really another government debt-based currency that's:

    1. running an economy large enough to support the world as a reserve currency (rules out most of the world)
    2. has a government that other countries feel safe with (rules out China)
    3. has current dominance in most of the world as a currency (rules out the EU, which is trying to edge into this).

    The problem is that, in spite of the weirdness, US dollars are still popular with the unwashed.

    In conversationThursday, 03-Aug-2023 00:10:25 JST from noagendasocial.compermalink
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