• CyberDine@lemmy.world
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    1 year ago

    Unfortunately the Dollar is going Endgame. We’re trapped in a debt spiral that’s either going to blow up interest rates to unstable proportions causing Global Instability, or be forced to drop interest rates back to nothing causing hyper inflation for America.

    The USA will most likely transition to a central bank backed digital currency (CBDC) as the dollar implodes and I don’t understand how that might affect countries still using the dollar.