I’m nervous, as an American, that foreign counties do not want to hold dollars because America we sooo mixed the reserve currency when we froze Russian assets. If they dump dollars, doesn’t that create a massive surplus and greatly devalue our money? I fear that could be catastrophic for the dollar, but I am not sure how close (or far off) we are from that idea.
I hold Bitcoin primarily, but I also have a mortgage and have family that has mortgages and hold US debt, so I am still concerned.
Thoughts?
Schnitterp / Patrick Schnitter
npub1je…9seq3
2023-04-06 01:07:15
in reply to nevent1q…hflm
Author Public Key
npub1jed2hduq8p8klas2s24nkjqwttlmmeclp3mf7um478p8j3m7mxcq49seq3Published at
2023-04-06 01:07:15Event JSON
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"content": "I’m nervous, as an American, that foreign counties do not want to hold dollars because America we sooo mixed the reserve currency when we froze Russian assets. If they dump dollars, doesn’t that create a massive surplus and greatly devalue our money? I fear that could be catastrophic for the dollar, but I am not sure how close (or far off) we are from that idea. \n\nI hold Bitcoin primarily, but I also have a mortgage and have family that has mortgages and hold US debt, so I am still concerned. \n\nThoughts?",
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