Sir Nedwood - Sydney 🇦🇺@Nazareno @soretski at any point the US could declare the Federal Reserve that backs the US dollar null and void (they've done it several times before). Create a new central bank. Allow citizens to change their old currency 1:1 for the new one. And leave all countries with USD foreign reserves holding the bag. They will be debt free, and still have the largest economy in the world. Even without the petro-dollar.
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