If the inflation does reach (although in EU it already is) double digits, could that be a big of a hit to destabilize the US dollar and pave the way to the next global reserve currency?
I'm asking because I've had these thoughts on my mind ever since Ray Dalio uploaded his video Principles for Dealing with the Changing World Order [0].
The USD is the least worst option. That could change some day. Maybe India becomes a much bigger economy or the US govt gets overtaken by socialists who print like crazy and create hyperinflation. But for now there is no better option.
I'm asking because I've had these thoughts on my mind ever since Ray Dalio uploaded his video Principles for Dealing with the Changing World Order [0].
[0] (Video length: 43:43) https://youtu.be/xguam0TKMw8