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Dollar Seen Losing Global Reserve Status
- mmaunder 15y agoSorry about the news.google link, but it's the easiest way to get non-subscribers past the paywall i.e. you gotta go via Google.
- deleted 15y ago[deleted]
- ars 15y agoThey've been saying this for as long as I can remember reading the news. Never actually happens, but they never stop saying it.
- anigbrowl 15y ago...over the next 25 years - big whoop. We nee to make changes in our economy but there are long-term shifts in the competitive landscape that suggest the dollar probably shouldn't be the exclusive reserve currency anyway; attempts to maintain it as such may even be inflationary to some extent. The long post-war boom has been over for several decades now, and the future is currency baskets, SDRs, currency blocs, and eventually a universal currency.