Reply to Chance of USD collapse, hyperinflation, loss of reserve currency status, etc

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]0%[/quote]

This is pretty conservative.   Reserve currency status is also supported by our rule of law.  Law is predictable here. US law also is exported to World in international deals.  Also our economy can’t really be equaled.  Look at 2008.  We were back by 2013. Europe never really came back.  Hyperinflation should not work here. Where else would you go if not to the dollar.   There is literally no other place.  Not China.  Not when it is a pure dictatorship.

Things are pretty good here and people either can’t or won’t open their eyes.  [/quote]

+ 1.  While there are other stable currencies (e.g. Swiss Franc and Japanese Yen), they are issued by countries that don't have the economic bandwidth to be the reserve currency of the world.
The other currencies capable of replacing the USD - Euro and Yuan - are supported by unstable/unreliable economic entities.

I read an article somewhere that talked about how being a reserve currency is equivalent to exporting your currency, typically to the detriment of other areas of the economy but you do get support when it comes to maintaining a low interest rate. [/quote]

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