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The U.S. dollar conquered the world. Is it at risk of losing its top spot?
You might just think of the dollar as the money in your wallet, the cash you use to buy your morning coffee. But the dollar is much, much bigger than that. The dollar is the world's currency: It dominates global business. Economists call it the "global reserve currency," a fancy title the dollar got about 80 years ago that has brought some pretty serious perks to the U.S. economy. But could the dollar get knocked off the top spot? There are challengers emerging, and history shows that countries whose currency dominated the globe can fall from that top spot pretty fast ... even over the course of a few days. How it ... (full story)
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- Jun 12, 2023 8:47am Jun 12, 2023 8:47am
- arthurbolbos
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