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If anything the dollar has become stronger since we got off the gold standard…

That's absolutely not true. Getting off the gold standard removed the pretense that there was a limit to the amount of dollars that could be printed. The purchasing power of the dollar has continued to drop since then—https://howmuch.net/articles/rise-and-fall-dollar

There's also no guarantee the dollar will remain the reserve currency, as China, Russia and others are creating ways to get off the dollar standard [1].

[1] "The Fraying of the US Global Currency Reserve System"—https://www.lynalden.com/fraying-petrodollar-system/




> That's absolutely not true.

I wasn't talking about price since inflation guarantees the price of the dollar will drop over time, so technically you're right. I was really talking about trust.

And much of that trust is that the dollar is that the price is the same from day to day for the most part. Sure there's inflation, but if I own $1M I don't expect it to be worth 10% of that tomorrow.

> There's also no guarantee the dollar will remain the reserve currency, as China, Russia and others...

So, would you really really trust Russia and China with their currency? Where the hell is Jack Ma? Huh?




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