04-29-2020, 08:50 AM
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#10 (permalink)
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Quote:
Originally Posted by JLarson
Haha welllll that's a whole 'nother thing. It could be argued in both cases, we've reaped the benefits of our investment, in that we are the world reserve currency for a reason. There are some good points in favor of isolationism, but undoubtedly our unprecedented level of global dominance came partly as the result of British support, which, as you point out, we payed them for quite heavily. Of course, we also did a lot to hasten the collapse of their empire.
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But doesn’t China have most US currency? We can’t deny the US Dollar is the global currency unless bitcoin overtakes it. The Euro has collapsed
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