America Articles Bank For International Settlements Banking Big Lie Black Projects Blowback Brain Catastrophe Central Banks Children Civil Disobedience Civil Rights Cognitive Dissonance Corporations Corruption Courage Crimes Crimes Against Humanity Crony Capitalism Deep State Digital Currency Direct Actions Divide And Conquer Domestic Terrorism Dumb Us Down Economics Education Entrapment Espionage Externalities Fear Federal Reserve Finance Fractional Reserve Banking Frauds Freedom And Liberty Freedom Fighter Future Gambling Gaslighting Globalists Government Hate Crimes Income Inequality Ingenious Inspiration International Monetary Fund Jews Journalism Laws Lobbyists Money Never Give Up New Normal New World Order Political Propaganda Psychology Religion / Spirituality Satanic Simon Black Slavery Surveillance Talmud Technology Theft They Live Totalitarianism United Kingdom United States Usury War

How Long Will The US Dollar’s Dominance Last? by Simon Black

History, however, is very clear on this point: wealth and power shift. Reserve currencies change. And it would be foolish to assume that this time is different. Reserve currencies hold their status because the rest of the world has confidence– confidence in the soundness of the currency, confidence in the power and prestige of the country that issues it. But let’s be honest: the rest of the world is probably not brimming with confidence in the United States right now. They’re looking at this shameful, disgraceful catastrophe in Afghanistan and wondering, “Is this seriously the world’s dominant superpower?” But it’s more than Afghanistan. It’s endless deficits. It’s ridiculous spending initiatives that pay people to stay home and NOT work. It’s rising inflation thanks to the continued erosion of the US dollar. None of these inspires confidence.
https://www.sovereignman.com/podcast/how-long-will-the-us-dollars-dominance-last-33335

Donate today and support the work I do seven days a week. Each day I publish more than a dozen news articles and videos, from honest, independent and reliable sources, on a completely ad-free website. Thank you in advance for your generosity, so that EarthNewspaper.com All The Honest News Fit To Publish may keep growing.
https://earthnewspaper.com/index.php/donate

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.