This is fucking horrible. Our entire currency is valued specifically because it is the world currency for oil trade. EVERYONE BUYS OIL WITH THE USD, so right now everyone has an insane amount of WORTHLESS USD that is experiencing inflation on top of their already worthless currencies that are experiencing their own even worse inflation. This is going to lead to further inflation for everyone else as they're left holding the bag of worthless USD and make our life, and anyone else who holds bonds, miserable as our treasury bonds CRASH.
Our dollar is worthless and now our debt (how we make more dollars) is worthless. This is FUCKED, STOCK UP ON SUPPLIES NOW WHILE THE DOLLAR IS WORTH A DAMN!!!!!
This is fucking horrible. Our entire currency is valued specifically because it is the world currency for oil trade. EVERYONE BUYS OIL WITH THE USD, so right now everyone has an insane amount of WORTHLESS USD that is experiencing inflation on top of their already worthless currencies that are experiencing their own even worse inflation. This is going to lead to further inflation for everyone else as they're left holding the bag of worthless USD and make our life, and anyone else who holds bonds, miserable as our treasury bonds CRASH.
Our dollar is worthless and now our debt (how we make more dollars) is worthless. This is FUCKED, STOCK UP ON SUPPLIES NOW WHILE THE DOLLAR IS WORTH A DAMN!!!!!
What happens to someone holding treasury bills if this happens and dollar tanks?
https://www.reddit.com/r/Superstonk/comments/xrdxrt/strange_things_volume_ii_triffins_dilemma_and_the/
Great question by the way. Check out this post and the video it links too
https://youtu.be/xxzy3sLs4Bs
Aye thank you.