REPORT ABUSIVE REPLY
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Message Subject
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DOW at 24,600--what the fuck is going on?
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Poster Handle
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Anonymous Coward |
Post Content
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By the way, that makes sense as long as the USD has the global reserve currency status and can buy goods and services around the world. You make the stockholders artificially rich, then they go abroad with the money and buy every asset, this way USA could theoretically buy up all assets around the world. Well, in the past USA could realize that partly, but restrictions in foreign countries limited USA from buying up every asset.
But that advantage to parasitize the world will be lost when USD loses the global reserve currency status, and that could happen anytime now.
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