Agree with you. It's actually already the case that the nature of the world economic system has created stability in the USD, I still recall two years ago when the dollar was in high demand as a way of curbing inflation outside of the USA, for a short time it was stronger than the Euro. Despite all of the poor Governance and Policy in the USA, the petro-dollar has remained a staple of the entire world economic system, with the international markets even able to overcome the decisions of the US Government to maintain Stability. I think the case of Argentina and other countries experiencing hyper inflation (Venezuela comes to mind) are interesting to watch how they will continue to navigate the storm in the Web3 economy.
You are viewing a single comment's thread from: