Is the Dollar about to lose it's status as a reserve currency?

[BattlingNelson]

The USA dollar is the gold standard or currency. Nations who like to manipulate currencies so the can buy their stuff cheaper like China need to be watched.

It is true the Joe ***** has added a lot to the USA debt and printed an ungodly amount of use money which has devalued the dollar and caused high rising inflation. But if is still widely accepted as the global currnecy.

I don't normally engage in Yank politics, but it may be worth noting that ***** is responsible for 30% of the US debt.

Carry on.

[Dr. Z]

I don't normally engage in Yank politics, but it may be worth noting that ***** is responsible for 30% of the US debt.

Carry on.

What was ***** at? He is had the most debt. What is ***** currently at?

The USA need to cut spending and give it citizen some breathing room from inflation! I say give the people tax free food. That will help out all. Now that the **********s control the house thing might get better with ***** and his wanton spending ways.

[BattlingNelson]

What was ***** at? He is had the most debt. What is ***** currently at?

The USA need to cut spending and give it citizen some breathing room from inflation! I say give the people tax free food. That will help out all. Now that the **********s control the house thing might get better with ***** and his wanton spending ways.

Dont ask me. I only saw the stat regarding *****.

[Robbie Barrett]

What was ***** at? He is had the most debt. What is ***** currently at?

The USA need to cut spending and give it citizen some breathing room from inflation! I say give the people tax free food. That will help out all. Now that the **********s control the house thing might get better with ***** and his wanton spending ways.

***** added 8 trillion to the debt in 8 years. ***** added 8 trillion in 4 years.

[Dr. Z]

- - Nah, not so long ago was just an economic adjustment at the World Bank or some Global financial overseer that saw the US jump to #1 economic juggernaut over former #1 China, so the US still dominating global economy with dollar stronger than ever even in the Global recession.

Keep in mind, it's the people and local businesses across the world than make that possible. They much less likely to take other currencies other than local because the dollar is the strongest local currency that they have.

Gold, *******, Silver and others just exotic bit players in economic exchanges.

China has a problem with an aging population and a declining birth rate. They are not #1 currently and these factors will surely bring them down. It not like they are an oil rich country, which to any industrial nation is a currency. The USA has plenty of oil by the way. We export a lot of it. Currently Joe ***** has banded USA Drilling for oil on federal land. But he isn't like to remain in power for long.

A USA recession is here and the global ecconmy is even worse.

[Rockin']

Since being taken off of the Gold Standard in 1971 the Dollar has lost 98-99% of its buying power.

Funk the Federal Reserve! ................Rockin'

[man down]

Never happen.