What Would The United States Look Like Without Reserve Currency Status - UGLY!

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2 years ago
10
inflation hyperinflation US dollar reserve currency collapse depression recession

Short term: massive hyperinflation, and a long, painful depression
Long term: new currency? decentralized supply chain and a strong local economy around manufacturing, and prosperity. Less cheap chinese crap as well....
Source: https://mises.org/wire/what-if-dollar-falls

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