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Ep 2115 What If the Dollar Loses Its Reserve Status?

The Tom Woods Show

00:00

Is the Status of the Dollar a World Reserve Currency?

The bank for international settlements found that nearly 90 % of all trading, i least as of april 20 nineteenth, when it did its last servis a dollar was on the other side. Shornyi: You've got to buy dollars in order to transact in the market place. And so that's essentially a floor put under the dollar that adds buying pressure to the dollar and keeps the dollar relatively strong.

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