12
Comments (18)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
2
the-new-style 2 points ago +2 / -0

The plan is for the dollar to lose its place as world reserve currency and therefore "crash", not the stock market. That's why we are in the middle of an "everything bubble". - https://www.youtube.com/watch?v=7bzcrwBFD34

Compared to 5 years ago the dollar will buy you

10% less DXY
35% less real estate
40% less goods & services (Chapwood index)
40% less gold
50% less stocks
99% less BitCoin

But it cannot be in one step because of the dollar denominated debt held by the other countries - 61% of their reserves.

Thus the transition will be to the IMF / World Bank's Digital Currency

https://www.investopedia.com/imf-explores-digital-currency-use-in-international-reserve-ecosystem-5093192