The US can borrow, print, and export as many dollars as it feels like because the world still settles contracts in dollars, and US Treasuries are still regarded

The US can borrow, print, and export as many dollars as it feels like because the world still settles contracts in dollars, and US Treasuries are still regarded as the gold standard for central bank reserves. A reminder that the US told the world go to fuck themselves (Nixon Shock) in 1971, and they never learned their lesson. When you take a look at the DXY in 2022, it's clear they never will. Which is fine with me, my global purchasing power is phenomenal at the cost of literally 7 billion people who love working much harder than I do, for my benefit. I couldn't be happier. Thanks, world.