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> I think the far lager concern is what would happen should the US Dollar lose "reserve currency" status? When (if) a replacement currency shows up, it's more
by nine_zeros 4y ago
> I think the far lager concern is what would happen should the US Dollar lose "reserve currency" status?
When (if) a replacement currency shows up, it's more likely that USD will continue to be "one of the primary reserve currencies" instead of getting completely yanked from central bank reserves all over the world. This gradual decline happened with British Pound around/after WW2 so it is not unprecedented.