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Reply to "We almost (might have) lost reserve currency status"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The U.S. dollar's days as a reserve currency were numbered from the moment the Biden Administration weaponized it by seizing Russia's dollar reserves (basically telling Russia "the dollars you have aren't any good anymore until we tell you they're good"). No sane country -- certainly not the powerful countries like China, India, Saudi Arabia, Brazil, etc., would ever count on U.S. dollars being a reserve currency after that move. This doesn't mean the end, though. A country doesn't need to control the international reserve currency to be wealthy and successful. It's just going to be different from now on. [b]Prepare accordingly.[/b][/quote] How?[/quote] Buy gold. Buy bitcoin. Consider foreign stocks. Invest in things whose value isn't linked to the U.S. dollar. [/quote] Honest question. What does one do with a gold bar? [/quote]
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