Post
Topic
Board Economics
Re: Can the World Really Abandon the Dollar As A Reserve Currency?
by
onlyu
on 05/10/2014, 06:51:03 UTC
The more relevant question is to what lengths the US will go to ensure that the USD continues to be the Reserve Currency
It's a push not a pull issue

Technology has enable the world at faster pace.

In the old day, replacing a reserve currency might take 1-2 decades.

If China and Russia decided to screw US, it might only take 5-10 years.