Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Reagan Disciple

No one said anything about replacing the dollar as a world reserve currency, but there is growing demand for alternatives to US financial hegemony.


13 posted on 04/09/2018 11:02:25 AM PDT by mac_truck (aide toi et dieu t'aidera)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: mac_truck

Considering all commodities are settled in USD, any talk about removing the USD from what is the largest pool, crude, is definitely a primary step in that argument and has been thrown about before by the Chinese, the Saudis (foolishly) and the Iranians.

There is not a growing demand for ex-USD assets. There is a growing call to undermine the US in any way possible that cannot be achieved on pure global trade because the US is the largest consumption based economy the world has ever or will ever know.


15 posted on 04/09/2018 11:08:14 AM PDT by Reagan Disciple (Peace through Strength)
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson