TheGrinder on Nostr: Nobody wants the USD for international trade unless they're purchasing something FROM ...
Nobody wants the USD for international trade unless they're purchasing something FROM the US. Any other transaction is exchanged to local currency. People in the EU generally use the EUR, people in Russia the Rubel and mopst people in Japan use the YEN. So yeah, nobody really holds USD unless they're American.
lets see what the actual effect of this kind of hubris is.
will it cause nations to use the dollar, or will it escalate the timeline of the large number of nations moving away from it? we will see. 
Published at
2024-12-01 09:45:27Event JSON
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