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>Not anymore with many nations not all that far behind. Nothing has changed. The dollar simply has no alternatives. The EU? After the freezing of Russian asset
by Ray20 2y ago
>Not anymore with many nations not all that far behind.
Nothing has changed. The dollar simply has no alternatives. The EU? After the freezing of Russian assets? Uncompetitive. BRICS? Even worse, you have one dictator literally controlling all monetary policy. Gold and bitcoin are too volatile.
- codedokode 2y agoWhat about Chinese Yuan? China seems like an economically strong country with reasonable trade policy. Also, BRICS has at least two dictators.
- Ray20 2y agoBy BRICS I've mean China and the Yuan. And in China there is exactly one person, who is deciding how reasonable or unreasonable any policy will be tomorrow.
- codedokode 2y agoWell, China's international policy seems to be more consistent than that of a certain democratic country.