Ok so what happens if the USD is no longer the world's currency?

[ddeemo]

Originally Posted by TreeBeard

Really. Isn't this what Trumpist want? They want America out of a international organizations, out of treaties, out of anything that goes beyond our borders.

The dollar losing its status as a reserve currency is a Trumpers wet dream.

Who told you that? The right wants out of bad agreements that were made, not all international organizations and treaties. More leftist delusions that they know what the right thinks.

Trump was for NATO but wants other countries to honor their agreements. He cancelled support for Iran Nuclear deal (BTW - not a treaty since Obama never sent to congress to ratify). He negotiated USMCA to fix issues with NAFTA - hardly "out of anything that goes beyond our borders."

[Moth]

Originally Posted by wheelsup

Just wondering. Inflation? Belt tightening on the federal budget level? How to protect investments (ie own gold?). Etc.

Right now with the dollar being the world's currency we can be a bully. Which we have been for several decades now. I'd think countries might eventually get tired of ths.

Some belt tightening, which would not be the worst thing.

Your use of the term "bully" is inane. By and large, the world likes having a stable and efficient reserve currency (not world currency as you said) at its disposal. Even virulent anti-American Cuba uses the Dollar.

Obviously, it inspires political rhetoric, conspiracy, and the inevitable references to Russia and China. So be it. Getting upset about a reserve currency is a vain search for drama.