There is increased pressure from several nations to replace the U.S. dollar as the world’s reserve currency. The U.S. has benefited from being the most dominant currency in the world since the end of ...
Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve currency," where people and institutions park their money. But there's concern ...
Confidence in the world’s reserve currency is in doubt, leaving an opening for alternatives like the euro. But it won’t be easy. By Colby Smith I write about Federal Reserve and the U.S. economy. The ...
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