#reservecurrency — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #reservecurrency, aggregated by home.social.
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Fake money fuels real pain as elites cash in and families fall behind
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The #USdollar is a problem for everyone
"In 1971, #US #Treasury Secretary #JohnConnally famously told his counterparts in G10 tt "the #dollar is our #currency, but it's your #problem". Connally was being unexpectedly candid abt e fact tt, even tho the #greenback was the world's main #reservecurrency, its foremost purpose was to advance #USinterests. That remains true today. The spillovers fr the #Fed's higher-for-longer #policy position r perhaps most pronounced in Japan"
https://www.bangkokpost.com/opinion/opinion/2850151/the-us-dollar-is-a-problem-for-everyone -
'I don't own Bitcoin, but I should' — legendary investor Druckenmiller - Veteran investor Stanley Druckenmiller praised Bitcoin for establ... - https://cointelegraph.com/news/legendary-investor-stanley-druckenmiller-wants-bitcoin #duquesnecapitalmanagement #quantitativetightening #stanelydruckenmiller #blockchaintechnology #reservecurrency #paultudorjones #hedgefund #brand
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Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says - Fewer nations are willing to hold the U.S. dollar as America’s share in the global... - https://news.bitcoin.com/dollar-dominance-fading-amid-growing-china-trade-russia-sanctions-risks-ray-dalio-says/ #internationaltrade #de-dollarization #reservecurrency #restrictions #transactions #unitedstates #billionaire #economics #greenback #sanctions #currency #investor #raydalio #reserves #usdollar