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The history of reserve currencies suggests a ~100 year arc of dominance, and the US is at the end of that line. https://azizonomics.com/2012/01/04/a-history-of
by bchjam 8y ago
The history of reserve currencies suggests a ~100 year arc of dominance, and the US is at the end of that line.
https://azizonomics.com/2012/01/04/a-history-of-reserve-currencies-in-one-graph/ https://azizonomics.com/2012/01/04/a-history-of-reserve-curr...
- JumpCrisscross 8y ago> The history of reserve currencies suggests a ~100 year arc of dominance You’re extrapolating from a 200-year history with N=2.
- pesmhey 8y agoThose are all western countries. Do you think Americans could be amenable to a European-based reserve currency? They share our values.
- deleted 8y ago[deleted]
- krapp 8y ago>Do you think Americans could be amenable to a European-based reserve currency? Culturally, no. Americans would consider it an attack on their sovereignty. It would be a tough sell in anything like the current political climate.