• Sockenklaus@sh.itjust.works
    link
    fedilink
    arrow-up
    0
    ·
    26 days ago

    Okay, but even if the USA can’t change the law regarding states bonds, it is virtually impossible that people stop buying US states bonds since the US Dollar is kinda like the most established currency in the world.

    So your argument is completely theoretical.

    • CableMonster@lemmy.ml
      link
      fedilink
      arrow-up
      0
      ·
      26 days ago

      I hear what you are saying, but that is changing, america is losing its strangle hold on the world. That became most evident with what we tried to do with Russia after their invasion and the cracks in our system are starting to become more obvious. Unless you think that the US will be the worlds reserve currency forever, there will be a time when it falls.