• MisterD
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    6 hours ago

    Thanks to trump, the US will cease to be the reserve currency in 10 years of less. China will LOVE to control the world’s reserve currency.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      5 hours ago

      Highly unlikely that China would have any desire for the yuan to become a reserve currency since they want to be able to control its value on the global market. What’s far more likely is that we’ll see a BRICS backed currency along the lines of Bancor that Keynes advocated for emerge.