The rest of the world owes more US dollar-denominated debt than the US does, and unlike the US, most countries cannot print dollars to service that debt, which means when the dollar strengthens, it makes their debt burden heavier and creates deflationary crises in those economies while the US has relative advantage.
causalpending
Speaker
Brent JohnsonEvidence Quote
“the rest of the world owes even more than that in dollars and and they don't owe it to the United States they owe it to each other... those other countries also have US dollar debt as the dollar Rises it makes it harder for them to service that debt and if and when they are no longer able to service that debt that is the situation in which you get a credit crisis or a credit crunch or a contraction of the money supply”
Source
Brent Johnson: The Demise Of The Dollar Will Take Longer & More Surprising Turns Than Many Expect— Adam Taggart | Thoughtful Money®Created: 8/12/2026, 6:41:04 PM
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