Can people help to fill in some of the gaps in this article? There are some striking claims that seem to have some basis in reality. But the article leaves a lot questions.
The the US dollar safe for now because of the lack of a viable alternative?
Seems like lowering interest rates and raising inflation is the only viable political solution. Sure, it causes issues with people financing our debt. But also, where else would they put their money?
Are there winners and losers here? Or does everyone lose?
How would the world work in an idealized free market without a reserve currency?
The the US dollar safe for now because of the lack of a viable alternative?
Seems like lowering interest rates and raising inflation is the only viable political solution. Sure, it causes issues with people financing our debt. But also, where else would they put their money?
Are there winners and losers here? Or does everyone lose?
How would the world work in an idealized free market without a reserve currency?