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RE: 5 Reasons Why The USD Will Not Lose Its Reserve Status

in LeoFinance2 years ago

The dollar is loosing trust every year that goes by. Now we have China and India the biggest population centers using other then the dollar to buy oil. Saudi Arabia now making plans to use multiple currencies. I see the dollar as a sure thing not to be the reserve within a decade or two. I think these arguments make less sense then ever b4. In 1920 it was a totally different dollar that was Gold backed and redeemable. Now fiat that’s printed to infinity. Coins were gold and silver then and now worthless bade metals which even are worthy more then face value for pennies and nickels. I strongly disagree with much here. Anyone wanna make a friendly wager?