USD$ as the world reserve currency

  • Posted on: 28 May 2022
  • By: russellkanning

This was an interesting discussion on what would happen if the USD stopped being the currency used for 80% of the world's transactions.

The great Gene Epstein discusses how likely it is that the dollar ceases to be the world’s reserve currency, and what the consequences for the average American would be if that happened.

Read the original article at TomWoods.com. http://tomwoods.com/ep-2115-what-if-the-dollar-loses-its-reserve-status/

I agree with Epstein here that we could use Dollars even if NH was a separate nation. We could use Gold, Silver and other things as well.

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Here is the guy from Gab trying work around some problems like payment processing.

Andrew Torba, founder and CEO of Gab, had to build everything from scratch — his own servers, his own email autoresponder service, his own payment processor, and more — after his free-speech platform was shunned and penalized by Big Tech. Here is a living example of how to build the parallel economy and society that so many are speaking about these days.

Read the original article at TomWoods.com. http://tomwoods.com/ep-2110-how-to-build-a-parallel-economy-a-case-study/

https://gab.com/marketplace

https://www.gabpay.com/

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