66
submitted 1 year ago* (last edited 1 year ago) by Korkki@lemmy.world to c/world@lemmy.world

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

you are viewing a single comment's thread
view the rest of the comments
[-] zephyreks@lemmy.ca 0 points 1 year ago

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

[-] Korkki@lemmy.world 3 points 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.

this post was submitted on 02 Jul 2023
66 points (92.3% liked)

World News

39276 readers
1655 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS