logoalt Hacker News

dumbledoren04/03/20251 replyview on HN

Stealing the assets of countries like Venezuela and Russia caused this to happen by making the rest of the world move off of the dollar to secure their asses. Doing more of them is the dumbest idea that can be proposed.


Replies

TomK3204/04/2025

Stealing? Don't start a war against neighbours or other neighbours might get angry.

I don't see much movement into other currencies, just the usual fluctuation: https://en.wikipedia.org/wiki/Reserve_currency#Global_curren...

"Other currencies" gained two percent point, I guess that's the Rupees the Ruzzians sold their oil for.

show 1 reply