If the US Dollar were to collapse, what would you guess would be the next form of currency?

[SixFootSexy]

Gold bullion, bitcoin, Nuka Cola bottle caps, etc.

Fallout fictional currency

Gold (Your purses will be MUCH heavier, ladies)

Bitcoin (or some Central Bank Digital Currency)

Nuka Cola Caps (Or some Elon Musk absurdist thing)

BRICs currency (China is the big player here)

Back to the barter system (Hope you have chickens)

Other (Invent a new thing as a store of value)

[NaultD]

Probably just local currency all over the place. Just like "company scrip" like that song sold my soul to the company store.

https://youtu.be/E5VMZqgVzRo?si=EaOvWvtrb3w4OVm2

[DrPepper12]

Pesos or Canadian dollars for a very short time. I think precious metals and barter tbh.

[abc3643]

That's not going to happen because then the whole world economy would be in ruins. The dollar is the most stable currency in human history. That's why it is so desired.

[SixFootSexy]

Didn't they also say that about Roman empire? The whole world WAS in ruins and it will be again.

[abc3643]

No, it doesn't work that way. And, furthermore, two major differences:
1. There was no significant world economy. All economies were essentially local. This was the case until the 20th Century.
2. Because of #1, the world was not in "ruins". Most of the world didn't even know or care about the Roman Empire.

[DrPepper12]

I would have said pound sterling but its probably close.

[Avicenna]

A basket of currencies. There's no one currency that could take on the role of the dollar, a role that requires a lot of liquidity and a free float.

[AviatorTom]

I heard once that tulips were currency in The Netherlands, many years ago. Sounds good to me, being able to grow your own money.

[lightbulb27]

bitcoin or decentralized currency, followed by some new system by the IMF built around real goods including gold.

[RebelinSteel]

It would be the Euro.

[SixFootSexy]

Why do you believe so?

[RebelinSteel]

Because it is a fairly stable set of countries. Would you want to base your global currency on South Africa, Iran.
Also even those countries all operate differently in regards to finance and commerce.
How do you regulate a currency used by those in the Brics zone, especially when it is predominately used by China to buy influence in Africa.

[SixFootSexy]

I don't think it's a realistic choice, even hypothetically. Africa wouldn't be able to resist a stable, Chinese-led currency if the US wasn't involved.

[Curmudgeon]

But those countries have budget and mass migration problems even worse than the USA does...

[RebelinSteel]

@Curmudgeon they still manage to have a GDP of about 16 Trillion Euros.
The question was without the US, so mentioning the US is pointless.

[Curmudgeon]

@rebelinsteel fair enough. However, the whole idea of the US dollar losing its status as The World's Reserve Currency is because of awful economic and political policies here, which are leading to near hyperinflation and the dollar's fall. But the Euro Zone has even worse problems in that area, no?

[RebelinSteel]

@Curmudgeon oh I agree it’s stupid, however the Euro or Brics…

[MrOracle]

The Yuan is anything but stable. It's about to go into hyper-inflation. China has been printing 3-4 times as many Yuan as the US has been printing dollars, and most of what backed their money domestically was the housing market, which is in free-fall, and what backed it up externally was foreign investment and manufacturing, which are also fleeing China as quickly as they can. More than 100,000,000 working-age Chinese are currently unemployed and factories are still closing/moving out of China at a crazy rate. And let's not even talk about the disaster of Chinese demographics.

China's "Belt And Road" program has also collapsed, as anyone would have predicted. The infrastructure they did build was overpriced and far under quality, and few of the countries have any chance of repaying the debts.

China had a big bubble due to so much foreign investment and manufacturing happening there for 25 years, but that's all over now, and it's a HUGE problem for China - one that they're only beginning to understand.

[DrPepper12]

SOLID answer!! 👊🏻

[DrPepper12]

@MrOracle MY MAN!!! You are REMARKABLY WELL INFORMED!! Kudos to you!! Facrs and cogent analysis is a rare bird around here!!

[juliammm]

Euro, Yuan, Gold, British pound...

[Dargil]

Previous metals and bartering.

[Agape93]

Barter

[exitseven]

gold.

[KostasKouvalis]

The Euro, honestly

[Curmudgeon]

But those countries have economic and political problems even worse than the USA does...

[KostasKouvalis]

@Curmudgeon So what? You'd prefer gold or bitcoin? Bitcoin is even more unstable and where are we gonna get that much gold? Assuming we do, it would overwhelm the gold supply making it practically worthless

[Curmudgeon]

@KostasKouvalis So much may depend upon the elections this fall, but Gold is time tested and true. If there is not enough Gold, there is always Silver, Copper, and Nickel for lesser transactions. Fun fact: USA coin currency used to actually be in almost pure Copper Pennies, almost pure Nickel Nickels, and almost pure Silver Dimes and Quarters, hence their relative sizes.

The *Concept* of Cryptocurrency like Bitcoin is wonderful, but we have found all too many bogus charlatans involved in Cryptocurrency, and not until the proverbial dust settles and we get a universally accepted standard there would I trust it.