Commodity Trade Mantra

Posts Tagged ‘Keynesians’

Why the Dollar’s Reserve Currency Status is America’s “Achilles Heel”

Without the belief of the U.S. dollar as an acceptable world reserve currency, the U.S. is a bankrupt nation. The reserve currency is that country’s Achilles heel, and the stock and bond markets are not prepared for the consequences of the U.S. dollar, that’s backed by nothing other than faith, no longer being a reserve currency.

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