How Long Can the American Dollar Stay on Top?

The post that was quoted here has been removed

"Given that the US has been aggressively using deficit financing to
combat the economic ravages of COVID-19, the sustainability of its
debt might be called into question.


The US has been aggressively using deficit financing far too much. The last time America had a fiscal surplus was during Bill Clinton's administration in the 90's. Overspending, coupled with the right wing's tax cut's for the wealthy have pushed the national debt to massive proportions. I've complained about this several times here. The dollar is still relatively stable, and respected around the world, so I don't see a massive shift from the dollar to the renminbi just yet, but lawmakers on both sides of the aisle had better get a handle on this deficit, or America will have bigger problems than just the prestige of it's currency.

The post that was quoted here has been removed

Wouldn't that be the Euro and the British pound?

At one time in the 2000s, even Canada's dollar surpassed the U.S. Topping the American dollar is no longer the achievement it once was.

The post that was quoted here has been removed

We like to think of our future self as a Marlin darting around the slow moving intractable whales and nibbling bits off on our way.
If a population of 60million can even stay in the wake of the big three they are doing well.

@kevcvs57 said
We like to think of our future self as a Marlin darting around the slow moving intractable whales and nibbling bits off on our way.
If a population of 60million can even stay in the wake of the big three they are doing well.

Right now, the Pound is worth more than the U.S. dollar.

@vivify said
Right now, the Pound is worth more than the U.S. dollar.

Biden's Class Warfare, which is obviously his agenda, is the elephant in the room. While we muse about the dollar, his programs of punishing the successful violate the American Dream, slow down economic growth, decrease money in your pocket, destroy the energy economy, increase the welfare state, with no incentive to work.
Had it not been for pandemic, we would be soaring to new heights today.
Caital (sic) gains tax in China is 25%. Less that Biden proposal. SO, jobs here will be sent to other countries, our money will go all over the world. So, it would follow the That American Dollar will NOT stay on top.
This sounds all good to the Marxists on the Forum, but your kids,,,,,they might not think like you do, esp when they are owned by the government a generation from now. Ouch.

@vivify said
Right now, the Pound is worth more than the U.S. dollar.

Yeah but for UK exporters that’s a bad, and good thing for US exporters and UK importers with the obvious implications for the trade deficit.
I think the exchange rate of a currency is bad indicator of its actual power or lack of it in the global economy.

The post that was quoted here has been removed

It’s all good, many predator fish hunt in packs, whilst the whale is fending off the Brazilian Marlin the Indonesian or British fish might go for the soft underbelly. The internet and a shake up in the currency hierarchy may mean the era of the whale is coming to an end.

The post that was quoted here has been removed

Lol the vast majority of us settled for that back in the 60s but that doesn’t mean that we think any less of ourselves and we are certainly not in awe of much bigger countries who only outdo us in regard to population.
Our realistic goal should be to do well for a medium size country and let other idiotic nations have their turn at strutting around on the global stage.
And please do not ask me to answer for my fellow Brits who may or may not think differently. Above is what I and the vast majority of Brits that I know think and that’s as far as my knowledge extends.