this post was submitted on 12 Aug 2025
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Donald Trump on the effects of the world dropping the dollar standard (lemmy.ml)
submitted 9 months ago by Confidant6198@lemmy.ml to c/quotes@lemmy.ml
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https://www.aljazeera.com/economy/2025/7/30/exorbitant-privilege-can-the-us-dollar-maintain-its-global-dominance

https://www.indiatoday.in/world/story/dollar-is-king-trump-defends-its-status-as-worlds-dominant-currency-glbs-2752890-2025-07-09

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[–] PowerCrazy@lemmy.ml 6 points 9 months ago* (last edited 9 months ago)

It's absolutely up to him and his scions in the US congress. There are tons of policies they could pass, economic investments they could make that would solidify the USD standard for the next quarter century. But they are all short-term capitalists, so they know they don't actually care about the longterm dollar standard benefits.