4 ms·
> I could easily play the other side, but the sentiment for a dollar "collapse" is a little strong in the short term. That is a huge point. It's unfortunate th
by jeromec 17y ago
> I could easily play the other side, but the sentiment for a dollar "collapse" is a little strong in the short term.
That is a huge point. It's unfortunate that the value assigned to non-backed currency like the dollar is largely psychological. If enough people believe its value is going down they will shed it and the domino effect makes that outcome a self-fulfilling prophecy. For that reason I think we need to focus, as you have done, on reasons the dollar remains a safe bet.