Posted as another indication that one morning we will wake up and find the dollar is no longer the world's Reserve Currency.
Then, what's left for the Fed is to either go back to gold (cross before Dracula) or to the already smoking printing presses (somewhere over the rainbow).
“we will wake up and find the dollar is no longer the world’s Reserve Currency”
Yep, it’s almost surprising that it is still holding on. When the USD became the reserve currency for the world in the 1950s the USA accounted for 40% of the global economy.
We are currently at 13%, and shrinking every year.
It could happen but I've hearing this since the seventies -- longer than they've been warning us about global warming.