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?
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?