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Re:UK food price inflation hit 16.2% in October – cost of fo... by jphsnsir on Sunday November 20, 2022 @02:02PM (#33684028)
True, but how long will the rest of the world accept the USD as universal currency. When they don't the US can't keep printing, so the US will do everything to keep its current position. The 'switch' will be the problem of our generation.
Re:UK food price inflation hit 16.2% in October – cost of fo... by yufeng66 on Sunday November 20, 2022 @06:00PM (#33686454)
I have been in finance industry for more than 20 years. People have been talking about replacing USD as reserve currency for as long as I can remember. The problem is nothing else is better. EUR? JPY? GBP? CNY? Gold? All of them have more issues compared to USD.
Re:UK food price inflation hit 16.2% in October – cost of fo... by kayamon on Sunday November 20, 2022 @11:44PM (#33688869)
There's currencies now you can trade online that aren't controlled by any one country.
Re:UK food price inflation hit 16.2% in October – cost of fo... by Tesl on Monday November 21, 2022 @06:22AM (#33691336)
yeah lets back the real world economy with giant ponzi schemes, good thinking chief.