GOLD 0.51% $1,391.7 gold futures

" The US is good for its debt because the debt is all in USD -...

  1. LSM
    1,251 Posts.
    " The US is good for its debt because the debt is all in USD - it can't default. But the USD can decline."

    And what decline would occur if it lost its world's reserve currency status?

    There are many triggers for this, and personally I believe looking for the answer in USTs and those nations that hold the majority and are net creditors.

 
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