[HN Gopher] De-dollarization: Not a matter of if, but when
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       De-dollarization: Not a matter of if, but when
        
       Author : warrenm
       Score  : 8 points
       Date   : 2023-05-09 21:04 UTC (1 hours ago)
        
 (HTM) web link (responsiblestatecraft.org)
 (TXT) w3m dump (responsiblestatecraft.org)
        
       | nine_zeros wrote:
       | This is a great summary. But, it makes the same mistake that
       | other such commentators are making.
       | 
       | Other replacement currencies will need to be much more stable and
       | liquid than the dollar. It is not possible today.
       | 
       | But it is right in its sentiment. Most other countries are tired
       | of American sanctions sending generations into poverty. For them,
       | finding anything else is a no brainier. If they can find any
       | currency to replace their trade with, they'll take it in a
       | heartbeat.
        
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       (page generated 2023-05-09 23:01 UTC)