USA probably has the least worst currency today, due to gold being centralized i... | Hacker News

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landemva on Oct 21, 2021 | parent | context | favorite | on: California tried to save the nation from tax filin...

USA probably has the least worst currency today, due to gold being centralized in USA during WW2, along with current military spending. Euro will tank before USD.

If China plays it right, they can be the financial leader within ten years. 2031.

ashtonkem on Oct 22, 2021 [–]

You missed the real reason USD is so stable; it’s the global reserve currency because everyone is obligated to buy oil with it.

I doubt China will be the financial leader. I think they’re basically running their economy as a giant bubble, it’ll be a bad time when it bursts.

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