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Ep 2115 What If the Dollar Loses Its Reserve Status?

The Tom Woods Show

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The Reserve Currency Status of the US Dollar

The share of us. reserves held by central banks fell to 59% in the fourth quarter 20 21 numbers are out, and it's still tha 59 %. Exchange rate is actually higher, rather an lower, than a year ago. I see ten, 15 years down the road, a continuing poliferation of us. Debt. Very logical warnings on the part of the congressional budget office, that it would become extremely expensive to servicet debt. Right now, the crisis the federal reserve faces is that if interest rates increases too much, it's going to make it very expensive for them to finance its debt. So i believe that the Economy has not been defeated by its own government yet, and

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