Thanks to Washington’s Abuse of the Reserve Currency Role, the Dollar Is on Its Way Out

Thanks to Washington’s Abuse of the Reserve Currency Role, the Dollar Is on Its Way Out Paul Craig Roberts As the dollar declines, so does Washington’s power. The De-Dollarization discussion suffers from holdover thinking that a reserve currency is needed.  No reserve currency is needed.  Countries can settle their trade balances in their own currencies … Continue reading Thanks to Washington’s Abuse of the Reserve Currency Role, the Dollar Is on Its Way Out