☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish • 12 days agoA study finds that the dollar being global reserve currency props up US living standards. The model in the study suggests as USD hegemony erodes, US living standards will likely fall 27%.kki.huexternal-linkmessage-square15arrow-up188arrow-down10cross-posted to: economics
arrow-up188arrow-down1external-linkA study finds that the dollar being global reserve currency props up US living standards. The model in the study suggests as USD hegemony erodes, US living standards will likely fall 27%.kki.hu☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish • 12 days agomessage-square15cross-posted to: economics
minus-square☆ Yσɠƚԋσʂ ☆OPlinkEnglish24•12 days agohistorically it’s always people at the bottom who suffer the most
historically it’s always people at the bottom who suffer the most