Trump Warns Losing Reserve Currency Status Would Be Worse Than Losing a War
President Trump said losing world reserve currency status would be worse than losing a major war, adding that "we wouldn't be the same country anymore."
The poster argued the U.S. risks losing both a major war and its reserve currency status, citing what they characterized as a "humiliating defeat" against Iran and growing doubts about the dollar's fitness to remain the world's reserve currency.
The poster also argued that Treasury Secretary Bessent's interventions reveal that countries are encouraged to hold U.S. Treasurys but discouraged from selling them in times of stress, and suggested Bessent favors addressing the issue through monetary expansion, which would devalue other holders' reserves. The poster concluded that current gold reserves are insufficient for what they expect to come.