> Because after the next crash, the Fed won't be able to bail out the economy by lowering the interest rate. Am I wrong? I suspect you might be wrong with this

> Because after the next crash, the Fed won't be able to bail out the economy by lowering the interest rate. Am I wrong? I suspect you might be wrong with this next crash, as the USD would have to get trashed to a degree and on a short timescale no one thinks possible today before we hit gold-scale monetary reset bottom scenarios. What surprised me about the 2008 crash was it revealed to an extent I never thought possible before how invested traders over the entire world are in USD denomination. I thought there would be ferocious push-back manifesting in the FX and bond markets, with knock-on downdrafts on US equities, from the QE's and bailouts. I was wrong. Some people rail against "regulatory capture", but I think "model capture" is overlooked; so much of our economic infrastructure is so heavily entwined with a USD-based economic representation model that a short, sharp shock is apparently unlikely to happen. We'll likely see a decades-long transition to another model like when the GBP was displaced by the USD, this time hopefully not with punctuated and moved along with horrific world wars and economic dislocations like last time. This is ironic to me, because I had thought with all the computer-aided modeling we have available today, that contingency plans are in place at the large trading houses to relatively quickly (within 3-5 years) switch away from USD-denominated transactions, should the US start to monkey around too much with the money supply.