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/leftypol/ - Leftist Politically Incorrect

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What happens after the dollar loses its reserve currency status, whether to the yuan or local currencies or something else.
What if the yuan replaces the dollar?
How is any of this beneficial to the proletariat?
Should we even care?
https://archive.ph/h0YmE

We should make a currency tied to the price of human blood.

>>2886145
>What if the yuan replaces the dollar?
Its not if but when. Porkies will have trouble valuating their assets with multiple currencies but Im sure they will manage.

Dollar losing its status as USD is bad for financial porkies but good for industrial porkies who want to see the dollar devalued to boost exports. Remember that the US, Germany, Japan and a whole bunch of other countries industrialized and became great powers while the British Pound was the reserve currency. Having reserve status is not really a mandatory thing for imperialism.

Probably something stupid like digital certificates for gold dildos.

the need for a global reserve currency that isn't controlled by any one country is extremely obvious. this would prevent one country from having a currency hegemony, and forcing everyone to hold large reserves of their currency. this would prevent exorbitant privilege. of course conservatards in the usa and other countries have been trained by christcuck evangelicals to view any advancement beyond nationalism as the literal hecking mark of the beast. so we will be stuck forever cycling between imperial hegemons because religoids are trained to burn everything down whenever humans try to overcome their own self imposed retarded systems.

>>2886145
Slowly enter a monetary chaos until some new standard is established through power in the international game

>>2886145
Most likely the current system will evolve to an unofficial bipolar one of USA dollar and renminbi. Unofficial because the PRC are cowards unwilling to take the global leadership reigns.


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