Quote from: Erdogan on March 12, 2014, 12:23:16 PM

Quote from: ThirdRenaissance on March 12, 2014, 11:50:05 AM

Russia and China are strongly pushing against the Dollar, especially with an increasing amount of oil trading going on in Yuan, without USD roundtrips. If anything, the Dollar's user base is sliding.

To disperse some currency around the world, it is necessary to run trade deficits for years.

How did you get that idea?

The dollar is reserve currency mainly because if you want to buy oil, you have to pay in dollars, and everybody needs oil, so everybody is forced to buy dollars. Also, many countries are holding reserves in dollars. It has nothing to do with a trade deficit.