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(lemmy.dbzer0.com)
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this post was submitted on 27 Jul 2026
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A Boring Dystopia
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What you said is true for most countries. But the US dollar is used by countries to pay each other. So most countries have some dollars, and a few - mainly the UK and Japan - have massive stockpiles. They won't like any reduction in the value of the dollar. I read an article that recently, the Japanese shorted US AI companies, driving their valuations down, as punishment for something else Trump did. Such 'trade wars' could escalate if the dollar hyperinflates.