100%. The second part of Mallers’ thesis is the following: not only does the US no longer want to issue the world reserve currency, but nobody else wants to either. Sure you get free stuff for a little bit, but then you hollow out your middle class. Not a great deal in the long run.

If nobody wants to issue a world reserve currency, we’re going to have a neutral world reserve currency.

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Seems to be the only logical solution. I'm calm and moisturized watching things unfold