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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 421.32

-0.5%

Jan 16 4:00 PM EST

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ggersh

To: Pogeu Mahone who wrote (160661)	7/28/2020 11:38:17 AM
From: Horgad	1 Recommendation Read Replies (1) of 219448

The dollar does not enough to be a reserve currency for you to use it. For example, the British Pound was a reserve currency and is still around. 1. US inflation caused by printing no longer buffered/absorbed by the world 2. Countries are no longer willing to lend money to the US in dollar terms 3. Operating under a massive trade deficit no longer practical/possible. 3. Exchange rates become unfavorable for US travelers 4. The flow of cheap imports starts to dry up 5. The standard of living drops across the board 6. Social programs will become worth less (social security, medicare, etc.) 7. Etc. IE If you run an unbalanced budget and fund it by printing money and you are no longer the reserve currency, there is no more hiding from the negative effects, As for how fast can it happen? Very fast. It only takes the stroke of a pen by nations to no longer accept US dollars as the "touch stone" for international settlements and to declare something else the new standard.

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