True, but how long will the rest of the world accept the USD as universal currency. When they don't the US can't keep printing, so the US will do everything to keep its current position. The 'switch' will be the problem of our generation.
I have been in finance industry for more than 20 years. People have been talking about replacing USD as reserve currency for as long as I can remember. The problem is nothing else is better. EUR? JPY? GBP? CNY? Gold? All of them have more issues compared to USD.
yufeng66|3 years ago
kayamon|3 years ago