Not so much a replacement, but
a world with multiple reserve currencies, none dominating. Or, some supranational currency like IMF SDRs or Keynes' "Bancor".
The USD will still exist, it just won't be worth very much. Devaluing the USD seems to be the least painful way for the govt to ease the debt burden? I'm really guessing here....
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In response to this post by carolinawahoo)
Posted: 10/29/2020 at 12:48PM