More on the prospects for the dollar. Even under Trump, it remains the cleanest shirt in the laundry bin.
From naked capitalism via This RSS Feed.
More on the prospects for the dollar. Even under Trump, it remains the cleanest shirt in the laundry bin.
From naked capitalism via This RSS Feed.
Too many countries own dollars for them to simply want to collapse it. What is happening is an expansion in payment and saving methods, and it’ll take a while because it has to, agents have to exchange their dollars for something more tangible like gold, goods and services. There’s a reduction in dependency, but I don’t think there’s gonna be a dethroning.