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eugen 🎭🍄
@madvac
As we see many videos claiming that the US Dollar will cease to be the main currency, I wanted to investigate on this. De-dollarisation rolls off the tongue easily enough, but its supporters and advocates do not really know that they are playing with fire. The U.S. Dollar is not the world’s prefered currency by chance. The U.S. Dollar is not only backed by the strongest economy in the world, but also by the most reliable and transparent institutions; currently, China is not even close to having transparent, independent institutions similar to the U.S. Nevertheless, China's economy may one day become 4 times larger than the U.S. economy. So, the question posits itself: could the US Dollar be dethroned as the worlds reserve currency? And which currency could substitute it? the Chinese Renmimbi?
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