☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 7 months 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-square15fedilinkarrow-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 · 7 months agomessage-square15fedilinkcross-posted to: economics
minus-squarePKMKII [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up50·7 months agoLiving standards for which Americans?
minus-squareBobDole [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up42·7 months agoAll of us will experience a 27%+ drop, the bourgeoisie will not experience any drop.
minus-squarejack [he/him, comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up37·7 months agoWe gotta absorb their 27% so look forward to 54%
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up24·7 months agohistorically it’s always people at the bottom who suffer the most
Living standards for which Americans?
All of us will experience a 27%+ drop, the bourgeoisie will not experience any drop.
We gotta absorb their 27% so look forward to 54%
historically it’s always people at the bottom who suffer the most