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munk-ayesterday at 4:53 PM1 replyview on HN

There is a very sudden shift though - those options have existed but not generally been seriously considered. The US was seen as a bastion of stability and while sanctions could drastically impact a country's ability to trade due to the reliance on US currency exchange it has arguably been used relatively scarcely.

The change is that suddenly the US isn't a bastion of stability and having an independent trading currency could ensure more internal stability for other nations.


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chrisco255yesterday at 5:07 PM

The U.S. is as stable as it gets. It has been one continuous republic and has 250 years of legal stability and a history of paying its debts. It has 4.2% GDP growth, with the largest economy in the world and growing.

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