yogthos comments on ‘A natural way to diversify': Janet Yellen now says Americans should expect a decline in the USD as the world's reserve currency — what’s really going on and how can you prepare?

‘A natural way to diversify': Janet Yellen now says Americans should expect a decline in the USD as the world's reserve currency — what’s really going on and how can you prepare? (ca.finance.yahoo.com)

submitted 3 years ago by yogthos@lemmy.ml [M] to c/usa@lemmy.ml

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[–] yogthos@lemmy.ml [S] -2 points 3 years ago

It's also worth noting that a reserve currency is not a necessity to begin with. Countries can just hold commodities and use national currencies to trade with each other as we're increasingly seeing happen.

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