I view USD as the same kind of bubble as crypto assets. People buy both as a res... | Hacker News

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		Jensson on Jan 11, 2022 \| parent \| context \| favorite \| on: Milton Friedman’s Interest Rate Fallacy I view USD as the same kind of bubble as crypto assets. People buy both as a reserve currency. > Not gonna happen. Why are you so sure of that? Things can happen extremely quickly once it starts, it is when people believe it wont happen that the crash is the worst.

defaultprimate on Jan 11, 2022 [–]

>Why are you so sure of that?

Because I understand basic macroeconomics and how prolific and dependent global finance is on the USD.

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