Global trade between countries not involving the US is often carried out in US dollars (e.g., oil trades), creating constant worldwide demand for dollars and meaning the entire world relies on the US dollar remaining stable.

factualpending

Speaker

Unidentified Speaker — Buffett's Honest Thoughts on the US Debt Situation. [x7orlIiv4f8]

Evidence Quote

a lot of global trade between countries, so not even involving the US, is carried out in US dollars

Source

Buffett's Honest Thoughts on the US Debt Situation.New Money
Created: 8/12/2026, 6:14:17 PM

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