facebookDedollarisation: Countries moving out of USD denominated bonds, China strikes oil deal in Yuan with Saudi. - Seedly

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Anonymous

Edited 22 Mar 2022

General Investing

Dedollarisation: Countries moving out of USD denominated bonds, China strikes oil deal in Yuan with Saudi.

What does it mean for investors when another currency/ commodity/ crypto replaces the USD as the reserve currency?

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  • Highly unlikely anything can replace fiat money, at least in our time, if there is a time the govt will step in, they can stop it but they can regulate it.

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