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TOPIC: What happens if the dollar is no longer the world's dominant reserve currency?

What happens if the dollar is no longer the world's dominant reserve currency? 12 Apr 2017 11:29 #1

  • annabelle
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What would happen in the U.S. and elsewhere where the dollar is used as most widely used reserve currency (if the dollar was replaced)?

A few comments here on the topic..(just a quick search) www.quora.com/What-happens-once-the-U-S-dollar-loses-its-status-as-the-worlds-reserve-currency

Is it true that China and Russia have in the past....called for (or suggested for) a One World Single Global Currency?

Calls for a One World Currency

Prior to the crisis, in March 2009, China and Russia suggested the world adopt a single global currency. The goal would be to create a reserve currency “that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies." In other words, China is concerned the trillions it holds in dollars will be worth less if dollar inflation sets in. This could happen as a result of increased U.S. deficit spending and printing of U.S. Treasuries to support U.S. debt. China called for the IMF to develop a currency to replace the dollar.

www.thebalance.com/world-currency-3305931

Is what (outwardly America First) Trump doing and may yet do in the future (in seeming alignment with the neocon agenda) partly because they are in an all out war to maintain the Dollar as the world's most dominant reserve currency and Trump being seemingly America First (other countries be damned.... except Israel) on board with that all the way?

Will catastrophe result in the U.S. if the dollar loses it's status as most widely used reserve currency? If Americans (and America as a whole) end up suffering greatly as a result of losing this position in Dollar reserve currency... what would Trump need to do to maintain it's position as far as foreign policy decisions go? squash Assad? go after Iran? Russia? China?

U.S. dollar vs One World currency or other than dollar currency......... what is most likely to replace the dollar as world reserve currency (if it was replaced)?

Where does Israel or shall I say the Jewish Elites..stand on this?

The New World Order agenda has always included a One World Currency...so as such is the dollar meant to be dropped as the world's more widely used reserve currency with Trump (thinking) he is fighting a globalist agenda by siding with seemingly America and Dollar first neo-cons? and thus creating tension with countries that want to see the dollar replaced/dropped as world reserve currency? (Assad, Russia, China etc..)

What is worse? the dollar continuing to be used a the world's reserve currency or it's replacement (whatever that may be), including the possibility of a One World Global Reserve Currency?

At what cost in human lives the world over to maintain the Dollar? at what cost if it is replaced?
Last Edit: 12 Apr 2017 11:37 by annabelle.
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What happens if the Dollar is no longer the world's dominant reserve currency? 12 Apr 2017 12:23 #2

  • novum
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Nothing in politics happens by accident.

How independent is China ... really.

Could ask the same about Russia.
I remember the good old days, when 90+ year olds in nursing homes lived forever. Darn this pesky virus.

1365 = 1

1.1365 = 1,283,305,580,313,352
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What happens if the Dollar is no longer the world's dominant reserve currency? 12 Apr 2017 22:26 #3

  • SNiKA
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If i remember it right, in the book "infinite jest" (as in docs related for example to NAFTA) the currency that has replaced the dollar is the "amero". Allthough the american president in the book, in my opinion, seems to be more like Enrique Peña Nieto (or Paul Ryan ?) than Trump.

In contrast to europe and the introduction of the euro, the amero could be introduced out of necessity because the dollar is failing or another financial crisis.
"For you who no longer posses it, freedom is everything. For us who do, it is merely an illusion." ~ Emile M. Cioran
Last Edit: 12 Apr 2017 22:32 by SNiKA.
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User(s) who Liked this post: Flare

What happens if the dollar is no longer the world's dominant reserve currency? 13 Apr 2017 15:44 #4

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User(s) who Liked this post: peacenik

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