> dollar's value is derived from the products and services you can buy with it completely and utterly wrong the usd value is derived from its position as global reserve currency, the depth and liquidity of its bond markets, and the interest rates set by the federal reserve > if the chinks manage to get non chinks to do more trade in yuan the dollar  by borrowing in usd, then lending them to non-chinks? kek if china were serious about challenging the usd primacy, it would move to an asset-backed currency, free float it and create a bond market as deep and liquid as the us
Netherlands