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seneca983
The Plain Bagel
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Comments by "seneca983" (@seneca983) on "Let's Talk De-Dollarization - Why the Dollar Isn't Going Anywhere Anytime Soon" video.
@PhilippBlum "Well, the US Dollar dominance going to only 30 - 40% would be still a huge loss in power." But most of the other reserve currencies like the Euro, Pound Sterling, and Japanese Yen are those of US allies.
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@tysoncodes The dollar peg was abandoned in 2005. Yes, the PBOC does still to some degree manage the Yuan exchange rate but it's against a basket of currencies rather than a single currency.
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