The president-elect wrote that the coalition of non-Western countries “should expect to say goodbye to selling into the wonderful U.S. Economy” if it backs a currency other than the U.S. dollar.
I think this is the only way the capitalists can make their global, free market work. If the capitalists were smart, they’d want a neutral, global reserve currency. But, since most capitalists aren’t smart, it will probably never happen.
I feel like this doesn’t solve much of the things you think it would.
Also, capitalists will never agree to this. They like having their own currencies cause they can manipulate them.
I think this is the only way the capitalists can make their global, free market work. If the capitalists were smart, they’d want a neutral, global reserve currency. But, since most capitalists aren’t smart, it will probably never happen.