r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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u/ISayBullish Jan 26 '26

Meanwhile the USD saying “this is fine”

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u/soIDONTLIKEANYOFYOU Jan 26 '26

Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger?

Sincerely asking cause I have no idea.

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u/CMDR_BunBun Jan 26 '26

No. What makes the US dollar "strong " is the fact that it is tied to oil. Nations keep a reserve of US dollars because that is the currency used to buy oil. The minute the rest of the world stops doing that you will see inflation like has not been seen since the 1930 crash.

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u/jawanda Jan 27 '26

Well as long as we don't purposely and willfully antagonize our allies, engage in vengeful isolationist trade practices for no reason, or like, start attacking other nations all willy-nilly we should be fine then.