Economics

1. The US dollar is the world's primary reserve currency. We get significant economic advantages regardless of debt levels. We can literally spend our way out of global crises like we did in 2008. Can’t do that if no one uses our dollar as trade base.

2. US debt is primarily denominated in our own currency and supported by the world's largest economy. If US debt is *not* backed by the largest economy, who will buy it? Yields will plummet.

3. Economic "resets" typically don't happen by design but through crisis, often with far more severe consequences beyond this controlled policy change produces.

4. Idk what to say about self-inflicted economic pain lol. Why would we self-inflict?

The US dollar being the world's reserve currency is bad for everyone

friendly neighborhood shitcaster // working on @pinetree

Have you read: https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X

My conspiracy theory is that this is a global Illuminati driven campaign to get the world to adopt Bitcoin 🧐

because knowing is finding the limits | swabbie.eth

in a modern world with instant communication, someone's currency is likely to dominate and become the reserve. a fixed supply currency would be technologically regressive, so we need some type of currency with engineered levers pulled be someone or something for best economic results.

your post said it was bad for everyone, i merely pointed out that wasn’t true. agree there were plenty of losers  

tech/software/services, fwiw, were all great winners as well. Plan accordingly

At what cost? Leads to a lazy / gluttonous finance sector that eats the rest of the economy

everything has winners and losers, don’t see why this wouldn’t. Was great for US financial industry, for one

lots of people benefited from it over the years. so, it will be hard to convince them

yes it should be dogecoin 

neutral, doesn't have security fee issuance problem and is actually cool

absolutely not, I love having the option of holding the worlds currency if my gov decides to do stupid things again