From Spain to America — How Reserve Currencies Destroy Empires
Автор: Money And History
Загружено: 2026-01-10
Просмотров: 19
Описание:
Throughout history, every empire whose currency became the world's reserve currency eventually collapsed under the structural burden. From Spanish silver to the British pound, reserve currency status forces persistent trade deficits that hollow out domestic industry and create unsustainable debt. This long-form investigation reveals how the United States is following the identical pattern that destroyed Spain, the Netherlands, and Britain—and why the reserve currency privilege is actually an economic death sentence. Understanding Triffin's Dilemma and the reserve currency trap is essential to recognizing the fragility of today's dollar-based global system.
#ReserveCurrency #EconomicCollapse #DollarCrisis #MonetaryHistory
#GlobalEconomy #TriffinsDilemma #CurrencyCollapse #EmpireDecline
#FinancialHistory #Traddeficit #EconomicHistory #MonetarySystem
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