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>I wonder though what happens now, is hyperinflation a real possibility It will happen if the Dollar loses global reserve currency status. China, Russia, and a
by ren_engineer 5y ago
>I wonder though what happens now, is hyperinflation a real possibility
It will happen if the Dollar loses global reserve currency status. China, Russia, and a few allies could pull the rug out from under the US pretty easily. A lot of countries are tired of the US exporting their inflation
- mostlysimilar 5y agoWould you mind expanding a little on this for me? I'm curious but don't know much about this topic. If having reserve currency status gives a country a tool of "exporting inflation" and countries are tired of the US doing it, it seems unlikely those countries would willingly put that tool in the hands of Russia or China, whom they presumably trust much less. (Assuming we're talking about western Europe.) Devil you know or devil you don't?