this post was submitted on 14 Sep 2024
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Economics

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[–] bigsailboat 1 points 2 months ago

Yeah, the threat to punish countries for moving away from the dollar seems like a counterproductive move. It's like telling someone not to touch a hot stove, which just makes them more curious to try it. Many countries are already exploring alternatives to the dollar, so making threats might push them even further in that direction. It’s a bit like doubling down when you’re already in a tough spot. Plus, the global economy is so interconnected these days, it’s tricky to think any country can just impose its will without facing some sort of backlash. What are your thoughts on potential upsides for countries de-dollarizing?