BREAKING: Iran releases footage of intercepting US Navy as they attempted to seize an oil tanker in gulf of Oman & foiling the American attempt to illegally seize the vessel in int’l waters pic.twitter.com/DZkD9QRDGO— ASB News / MILITARY〽️ (@ASBMilitary) November 3, 2021
Your mortgage payment won't change tho.
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:hahaha: :porky-happy:
(:same-picture:)
Tons of US cash is held overseas specifically to facilitate transactions through US meditated interests.
If the dollar stops being the global reserve currency, all that money gets jettisoned into the markets and floods into the retail sector.
We're already seeing this to some degree, with the Great Resignation. More cash than labor means wages go up.