facebookDo you think that USD will still be the global foreign reserve currency for the world in 10 years time? - Seedly

Anonymous

23 Jul 2020

General Investing

Do you think that USD will still be the global foreign reserve currency for the world in 10 years time?

SeedlyTV S2E09

Discussion (5)

What are your thoughts?

Learn how to style your text

10 years? Not sure, it could be longer. US$ is unlimited, given time it will weaken.

Go back to gold standard? Who to determine gold price? Most likely not.

2 potential scenarios:
1) Using IMF SDR
2) A crypto currency manage by government

View 2 replies

10 years later,

Would US companies still be the most valuable companies?

Would people/companies be happy to hold & transact in USD by a huge stash instead of rmb, euro, pound, jpy?

Would US military still be the most technological advanced?

Would US continue to be the most dynamic country, attracting the best talents of the world to innovate and be entreprenial?

If yes to all, then yes to USD​​​

Ngooi Zhi Cheng

15 Jun 2020

Student Ambassador 2020/21 at Seedly

This is honestly a very hard question and honestly whatever I state from here is solely just based o...

Write your thoughts