right now we have US ( and dollar ) hegemony. What if we will end up in multilateral world. What would be the new currency if no one will win current wars?
There is the possibility for there to be a non standard valuation. A few decades where neither the US or another currency is dominant. Personally I still see the US dollar as having a lot of strength but that can change surprisingly quickly once the flip happens.
I'm not worried about that at the moment but I have said, once the US dollar is no longer accepted at a random Thai street market that is when the US dollar is done.
I'm not worried about that at the moment but I have said, once the US dollar is no longer accepted at a random Thai street market that is when the US dollar is done.