3 ms·
This is correct but it is not the whole picture. If all the existing options that look like the previous setup are bad, you might find that whatever setup we mo
by anm89 6y ago
This is correct but it is not the whole picture. If all the existing options that look like the previous setup are bad, you might find that whatever setup we move to, does not look like the old setup.
There is no law of physics that there has to be one underlying global reserve fiat currency. That is basically a historical oddity that was a result of our huge creditor position vs Britain at the end of WW2.
Going forward look for a basket of currencies, which could include gold, and potentially even crypto. Of course this is speculation.