Dollar is eventually gonna be replaced by Yuan (chinese currency).
Right now the better yielding fiat currency then Euro, Yen and others is Dollar. It's because of interest rates, which are currently at 1.5% - 1.75%. If you compare for example with Europe, they have negative interest rates. That means that you are punished for storing money in your bank account.
So the capital now flows into USA. That means Dow Jones will keep hitting record highs.
However the shift will come and capital will be redirected to China which will become economical powerhouse of the world. It should happen in 10, maybe 15 years, no one knows the exact date of course. But it will happen
Right now the better yielding fiat currency then Euro, Yen and others is Dollar. It's because of interest rates, which are currently at 1.5% - 1.75%. If you compare for example with Europe, they have negative interest rates. That means that you are punished for storing money in your bank account.
So the capital now flows into USA. That means Dow Jones will keep hitting record highs.
However the shift will come and capital will be redirected to China which will become economical powerhouse of the world. It should happen in 10, maybe 15 years, no one knows the exact date of course. But it will happen