Monday, 12 October 2020

Is Hard Currency on Its Way Out?


The global “currency war” — as many are calling it — continues to heat up, with no obvious resolution in sight.....

 

While it wouldn’t be a simple, quick, or painless process to replace the US dollar as reserve currency, it seems inevitable that calls for just such action are bound to increase, especially if currently loose US monetary policy – including quantitative easing in particular — continues unabated.


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