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You have missed his point. He is saying that the US dollar is so robust that a "currency crisis" could only occur due to events that are globally devastating to
by anon1385 12y ago
You have missed his point. He is saying that the US dollar is so robust that a "currency crisis" could only occur due to events that are globally devastating to basic infrastructure (nuclear war or what have you).
I don't necessarily agree with this, but that was the argument, not that a currency crisis alone would bring down the power grid.
- maxerickson 12y agoNo, I wasn't being that subtle. Just that if the dollar fell, so would the government, at which point who really knows how things would go.