(Bloomberg) – All around the world, a backlash is brewing against the hegemony of the US dollar.

  • zephyreks@lemmy.ca
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    1 year ago

    Fuck the dollar. Nobody knows why the Euro couldn’t do shit to supplant it.

    • Korkki@lemmy.worldOP
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      1 year ago

      Fuck the dollar. Nobody knows why the Euro couldn’t do shit to supplant it.

      I was designed so that it could not. One primary mechanism is that there are stricter limits to money printing with Euro. One needs money surpluses to send to the world if one wished it to be used in third party trade.