The argument that the erosion of the dollar’s global status could benefit the US is gaining traction in Washington. That move would be a needless act of self-harm.
The argument that the erosion of the dollar’s global status could benefit the US is gaining traction in Washington. That move would be a needless act of self-harm.
SDR isn’t a currency, it’s a reserve asset. I know you might be thinking, “well, gold is a reserve asset and a currency,” but go down to your local supermarket and try paying for your groceries with like 1/10 of an ounce of gold and see how that works out for you.