Musquo on Nostr: While cleaning the barn this morning the demise of the US dollar as the reserve ...
While cleaning the barn this morning the demise of the US dollar as the reserve currency bubbled up. If another currency rises (ruble, yuan?) to replace the dollars currently held, said government would need to issue an equal amount of their currency. Wouldn’t that be inflationary for the issuing country? I’ll try to answer this in the next few days. #grownostr #moneymatters
Published at
2023-05-10 12:03:29Event JSON
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"content": "While cleaning the barn this morning the demise of the US dollar as the reserve currency bubbled up. If another currency rises (ruble, yuan?) to replace the dollars currently held, said government would need to issue an equal amount of their currency. Wouldn’t that be inflationary for the issuing country? I’ll try to answer this in the next few days. #grownostr #moneymatters",
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