zlacker

>>anigbr+(OP)
As a US taxpayer I don’t particularly like this. We rely on being the world’s reserve currency, and many things get more expensive, e.g., serving government debt. In 2000-2001 we were able to effectively bully three countries that were talking about moving away from the US dollar, but I am not sure if that works now.

I have a lot of personal theories how my country can best cope with future geopolitical adjustments. If I were in charge, the first thing I would do would be to close most foreign military bases. We can have the strongest military in the world and have them largely based in the US. I think the US Navy continues to be a good investment, but I would cut back a small amount on intel and other military branches.

>>mark_l+R3
>We rely on being the world’s reserve currency,

"Saudi Arabia ends 80-year petrodollar deal with US for multi-currency sales"

https://www.indiatoday.in/business/story/saudi-arabia-ends-8...

"No empire lasts forever, no dynasty continues unbroken"

edit:

Since the U.S.'s war on terrorism, the U.S. has said that every trade done in dollars is de facto done on U.S. soil and thus subject to U.S. laws. I'm surprised that more countries have not tried to cut ties with the U.S. dollar.