3 ms·

But if there is a civil war, what were you going to be able to do with the USD anyway?

• falcor84 9mo ago
  Interesting - I found this quantitative historical study [0] showing that while a civil war does significantly increase the likelihood of inflation, only 36% of countries analyzed which had a civil war between 1975-1999 ended up in an inflationary crisis. And with the USD having such a strong foundation, I would expect the risk to be significantly lower. [0] https://kjis.org/journal/view.html?uid=302&vmd=Full https://kjis.org/journal/view.html?uid=302&vmd=Full
  • spotplay 9mo ago
    I am speculating wildly but I would expect the exact opposite due to different actors trying to destabilize the US to the point of no recovery in such an event.
    • falcor84 9mo ago
      > to the point of no recovery Interesting, are you saying that the intentional use of USD somehow makes the US more vulnerable? What failure mode are you thinking of?
• immibis 9mo ago
  Exchange it for something else before the war started?