"In a recent interview , Shiller warned that this move might lead other nations to perceive the U.S. as a less reliable partner.
They may fear that what is happening to Russia could happen to them as well, potentially undermining the United States’ position in the global economy. This apprehension could have significant consequences for the stability and strength of the dollar in international finance"
Yeah, it’s such a stretch to think that countries wouldn’t want to keep their money in the banks of countries that engage in theft of sovereign assets. You are very intelligent.
"In a recent interview , Shiller warned that this move might lead other nations to perceive the U.S. as a less reliable partner.
They may fear that what is happening to Russia could happen to them as well, potentially undermining the United States’ position in the global economy. This apprehension could have significant consequences for the stability and strength of the dollar in international finance"
Speculation based on a hypothetical. Duly noted.
Fiat currency relies entirely on trust. If countries can’t trust the US to honor the integrity of their funds why would they ever keep USD?
Yeah, it’s such a stretch to think that countries wouldn’t want to keep their money in the banks of countries that engage in theft of sovereign assets. You are very intelligent.
Happy cake day comrade!
thanks!
I know comrade salad just it but i’d also like to say happy cake day comrade!
Thanks, glad to have spent another year here with you all!
…what do you think anyone does when they talk about the future?