What happens if the world stops using the U.S. dollar as its reserve currency?

Is the U.S. Dollar’s reign over?

Key Points

  • Countries may want to move away from the U.S. dollar due to their dependence on the U.S., the need for diversification, and global economic shifts towards emerging economic powers.
  • If the world stops using the U.S. dollar as its reserve currency, it could potentially have significant impacts.
  • Investing in non-dollar-denominated assets can provide diversification benefits and potentially reduce the risk of a portfolio that is heavily concentrated in U.S. dollars.
  • Investors should carefully consider their investment objectives, risk tolerance, and other factors before making any investment decisions related to non-dollar-denominated assets.

Continue reading → What happens if the world stops using the U.S. dollar as its reserve currency?