The dollar could collapse to 400% inflation this year... and the dollar would still exist. Currencies don't disappear.
They still trade Somoli dollars in Somoli decades after the government's collapse. There are people who forfeit them, obviously without consequence, and they are still currency.
Yes. The point she makes is that the US while now reluctantly making room for other great powers, is still undeniably a great power, and will remains so regardless of what the dollar does, making whatever dollar dynamics more resilient and unlikely to "collapse".
IMO, the ultimate result of all this shake up is a complicated shake down on the middle class.
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The dollar could collapse to 400% inflation this year... and the dollar would still exist. Currencies don't disappear.
They still trade Somoli dollars in Somoli decades after the government's collapse. There are people who forfeit them, obviously without consequence, and they are still currency.
Yes. The point she makes is that the US while now reluctantly making room for other great powers, is still undeniably a great power, and will remains so regardless of what the dollar does, making whatever dollar dynamics more resilient and unlikely to "collapse".
IMO, the ultimate result of all this shake up is a complicated shake down on the middle class.