Saturday, April 27, 2024

The Deleterious Dollar?


 "How much does the US benefit from printing the global reserve currency? An economist calculated that US average daily income would fall by 27-57% if the dollar lost its "exorbitant privilege". Ben Norton explains how wealthy investors not only in North America but around the world hold much of their wealth in the dollar."

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I've been around for over half a century. The future has never looked so bleak.

Interesting times, indeed.

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