Wed, Nov 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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


 Article link

This post was written by:

VRS - who has written 15264 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930