DislikedBut wouldn't that make it unlikely as the U.S is the world reserve currency. I've looked into the likes of peter schiff arguments but i'm not convinced. For example how would people pay for oil, since the petro dollar governs the price of oil. Even if you wish to avoid dollars you still have to convert it into dollars just to pay for it.
In the Uk QE help raise the GBP/USD to a post recession high of 1.7100 but as soon as they removed QE the pound, over 6 months, descended to 1.4600. However i would say a weaker pound makes UK exports more competitive,...Ignored
The Dollars only saving grace is they convinced the world to use them as a reserve currency, once that bails, its all over...
@pawpaw1000 on Twitter