Negative interest rates.

@MethDozer Sorry about the time gap, flat car battery etc 🤦‍♀️

So, no choice thing: oil, priced and transacted in $? No other option, if I’m correct. Many bank accounts, US control over them. And, as you sort of suggest it’s their choice to make it the lingua franca currency in their country.

What’s your view on the massive debt to China?

@Valentine That's because OPEC chose to only accept US dollars for oil because they love what an awesome currency it is. There's so many options.



I think We should just not pay China any of the owed debt and tell them to go Fuck themselves with their menstrual red flag for holding the whole world hostage and never admitting fault for anything while always demanding praise for being the worlds biggest piece of shit.

@MethDozer I think this gets BA... 👏👏👏🤓

@Valentine no it's not immune, currency can still deflate. Japan does it to keep their currency weak, UK may have to weaken our currency but we shouldn't deliberately trigger deflation

@TopCat
But, I asked about [i]printing[/i] money. Not borrowing to invest?

@Valentine yes, blindly printing money is how deflate your currency, it's not a good plan