by S. Wade Hansen The U.S. dollar (USD) is currently the world’s reserve currency. If you look around at most central banks around the world, you will see that the majority of them hold the majority of their assets in U.S.-dollar based assets---like U.S. treasuries. However, the slide of the USD has caused many to wonder if the governments and central banks of the world are going to shift from the USD to the Euro (EUR) as their reserve currency of choice. This is a fundamentally paramount question because if the majority of governments and cen[...]
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[Source: The Money Blogs]
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