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by argomo 233 days ago
What happens to these people if, hypothetically, a malicious U.S. president subverts the Federal Reserve and wildly inflates the dollar?
3 comments

The point is that this is massively less likely to happen than with their local currency.

If the dollar starts undergoing wild inflation, then the whole world has a whole lot of problems, not just stablecoins.

Something much, much less unpleasant than what will happen to the rest of us.
He's tried. He can't.