Fiat Fallout: The Consequences of Abusing the Dollar's Reserve Status
7:14 AMFirst published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/09/04/fiat-fallout-the-consequences-of-abusing-the-dollars-reserve-status-003429
<p><img src='https://www.moneymetals.com/uploads/content/Fiat-Fallout--The-Consequences-of-Abusing-the-Dollar-s-Reserve-Status-min.jpg'/></p>There is growing concern that the US has abused this "exorbitant privilege" through excessive money printing, accumulation of debt, and financial sanctions, potentially undermining the dollar's future status.
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