Tag: Euro
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Whistling Through the De-dollarization Graveyard
Trump’s legacy may well turn out to be how the U.S. loses its world reserve currency status, with all the attendant problems that will create, both internationally and within the United States itself. Wall Street and investment bankers are doing everything possible to allay fears that de-dollarization is even possible, yet the trend towards de-dollarization…
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Leaving the U.S. Dollar as the Reserve Currency
Why Does the World Need a Dictator’s Dollar? Why is the world still using the U.S. dollar as the world’s reserve currency. Since America has nothing to offer Canada or Europe, maybe it’s time to drop the dollar for the Euro. “Since President Richard Nixon abandoned the gold standard in 1971, the dollar has been…