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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Flaws of the reserve currency

Posted on 16 February 2009

From Goldseek.com: Many people think that because the US dollar is the world’s reserve currency that people/central banks must continue to own the dollar. This is flawed. What the US dollar’s reserve currency status actually means is that people/central banks already own the US dollar.

What it does not mean is that anyone, domestic or foreign, has to hold on to dollars, let alone accumulate more….. Full Article: Source


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VRS - who has written 18674 posts on Opalesque Sovereign Wealth Funds Briefing.


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