3min chapter

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Episode 1766 Scott Adams: Everything Is Broken But I'll Tell you How To Fix It

Real Coffee with Scott Adams

CHAPTER

Dollar Is the Reserve Currency

The only reason we've gotten away with it is because the us. Dollar is the a reserve currency. So if you're buying or selling something with other countries, you can be sure that they would be willing to buy and sell in dollars. You'd better have some of dollars there so you can buy stuff in dollars and they can pay you in dollars. No matter what currency you have, you also have to deal in dollars, because it's the one that everybody'll take. Nond what happens if that changes? Well, the whole thing can fall apart pretty quickly. And where we're running as fast as we can in the direction of making all money worthless.

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