2min chapter

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Episode 260: UPAR, De-dollarization Hysteria, And Using Risk Parity Portfolios For Intermediate Term Goals

Risk Parity Radio

CHAPTER

The History of the Reserve Currency

The time between the British pound losing its reserve currency status and the dollar overtaking it was about 60 years from near the end of the 19th century until the Bretton Woods Agreement after World War II. And so if this is the beginning of something, it's going to take decades and decades before you end up with any other currency supplanting the US dollar. Right now there is no heir apparent. Forget about it. It wouldn't be prudent at this, John sure. Now it does make for good marketing. Bing! Either to sell various financial products or just push some political theory or something else. Back to Mail Online home. Back to the page you came from.

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