Post
Topic
Board Economics
Topic OP
Obama's Former Chief Economist Calls For An End To US Dollar Reserve Status
by
Bitcoin Machine
on 08/09/2014, 22:37:41 UTC

Obama's Former Chief Economist Calls For An End To US Dollar Reserve Status
Article: http://www.zerohedge.com/news/2014-09-08/obamas-former-chief-economist-calls-end-us-dollar-reserve-status


Question:
In order for the US Dollar to lose its reserve status then it would need to be replaced by some other world reserve currency right?  If this is true then what will be the new world reserve currency and who will control it?  Or could Bitcoin or something like it become the new Reserve Currency?