[jumping_frog]

Consider this scenario. Dollar holds value for the next 1 year. FED prints dollar. It gives them to BlackRocks of the world. And these vehicles go shopping around the world in emerging markets buying up ownership. Similar to Cantillon effect, others and emerging market are left holding the bag.

Here’s How America Really Runs Britain | Aaron Bastani meets Angus Hanton

https://www.youtube.com/watch?v=uK7DINiVuPA

[throwaway2037]

    > FED prints dollar. It gives them to BlackRocks of the world. 

This in nonsense. No such thing happens in the US. Also, as I understand, the Federal Reserve is winding down QE from the last 10+ years.

[jumping_frog]

I was just highlighting a scenario of cantillon effect on the back of reserve currency status. But such a convergence of factors is possible, don't you think? Or atleast it could play out in this manner.