this post was submitted on 24 Mar 2026
15 points (82.6% liked)
United States | News & Politics
3926 readers
164 users here now
Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.
If you’re interested in participating, please subscribe.
Rules
Be respectful and civil. No racism/bigotry/hateful speech.
No memes/pics of text
Post news related to the United States.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The problem with this is that Trump has rapidly accelerated the decline of the dollar as the world's reserve currency. The US has been over printing dollars for decades now because there was always somebody who wanted them for global commerce. As that begins to turn, the returning dollars will exacerbate inflation which will make the dollar even less attractive. It's a feedback loop that the US is currently in a terrible position to try and manage.
The world really doesn't need much that the US has to offer, outside of agriculture. The world economy is hooked on US markets because we are such a financial jughaurnaut, but that won't last forever. People are waking up to the fact that our biggest contribution to the world economy is consumption.