#reserve-currency — Public Fediverse posts

Iran Can’t Hit U.S. Directly—So It’s Hitting Everyone Around It

Iran strikes Gulf nations, oil hubs, and U.S. bases across the region. The result: rising oil prices, global instability, and a war spreading through allies.

This has got to have a bunch of the elites in banking, politics, and the rest of the corrupt moneyed establishment shaking in their boots, as they say.

https://europeanbusinessmagazine.com/business/iran-has-just-fired-the-most-dangerous-shot-of-this-war-and-it-wasnt-a-missile/

In short: the USA has enjoyed a privileged position since the end of WWII, because the #US #dollar has been the de-facto standard international #currency. Not just for trade, but as a reserve as well. Other countries buy US-issued government #bonds by the absolute truckload, and it lets the US spend far above its income without triggering the #hyperinflation you see when another country does that by printing money (see: Zimbabwe).

The foundation of that international currency choice is the oil trade. Pretty much every oil transaction between parties in different countries uses US dollars, hence the "petrodollar' name.

#Chinese yuan becoming an alternate global reserve and trading currency has been a worry for the US for some years now. Oil transactions happening in #yuan could make it happen in a big way.

And then the dominoes might start falling. I'd say "popcorn time", but the collateral damage to the US #economy collapsing will have huge consequences for us all.

#GovernmentBonds #USBonds #ReserveCurrency #USFederalReserve #USPol #Iran

https://www.youtube.com/watch?v=y-XPPjB-DAY

#Europe #EU #US #UnitedStates #MAGA #Russia #China #Trump #Economics #ReserveCurrency #USBonds

In the third Q of 2025, just under 2% of all global reserves were held in renminbi, as opposed to just under 60% held in dollars.

Xi Jinping has called for people to utilise the renminbi as a reserve currency more, but this looks like it will take some to achieve.

As the renminbi is second in trade financing & might we see a swing in reserves too?

If so, this may cause the US some difficulties; the 'exorbitant privilege' would be damaged at the very least.

#ReserveCurrency #economics
h/t FT

“When we talk about the role of the #dollar as a #reservecurrency we have to reckon with quite how much dollar #reserves have actually changed since the late 1990s.” open.substack.com/pub/adamtooz...

The world is edging toward a financial storm with few safe harbours in sight
"Te #dollar’s dominance - long seen as unassailable - is now under real strain as global investors, central banks & even #US allies start hedging against a post-dollar world.. a #reservecurrency must rest on 6 pillars: macroeconomic stability, liquid financial markets, #centralbank independence, capital mobility, rule of #law, & geopolitical trust. #tRump US admin has weakened every one of them"🤦‍♂️
https://www.ox.ac.uk/news/2025-11-03-expert-comment-dollar-s-dominance-crumbling

🚨 Breaking News: The US dollar is having a midlife crisis, and it's the talk of the town! 🎢 Apparently, even the world's reserve currency can't avoid a bad year—much like your uncle who bought Bitcoin in 2017. 🙄
https://www.semafor.com/article/07/03/2025/the-us-dollar-is-on-track-for-its-worst-year-in-modern-history #BreakingNews #USDollar #MidlifeCrisis #ReserveCurrency #Bitcoin2023 #EconomicTrends #HackerNews #ngated

Minneapolis Fed President reaffirms confidence in the US dollar's dominance, dismissing concerns over its global reserve currency status.
#YonhapInfomax #MinneapolisFed #USDollar #ReserveCurrency #GlobalFinance #CurrencyStatus #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69640

Wall Street experts predict prolonged dollar weakness due to structural issues beyond tariffs and credit downgrades, while maintaining its reserve currency status
#YonhapInfomax #DollarWeakness #WallStreetExperts #StructuralIssues #ReserveCurrency #GlobalInvestors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63957

Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper - Within a decade, bitcoin will replace U.S. dollar dominance and become the standard curre... - https://www.coindesk.com/coindesk-news/2025/05/13/bitcoin-will-replace-us-dollar-in-10-years-says-billionaire-vc-tim-draper #operationchokepoint #venturecapitalist #reservecurrency #coindesknews #timdraper #genetics #usdollar #bitcoin #feature #space #ai

#RichardMurphy looks ahead to attempt to divine what might happen if Trump causes the #USDollar to fail. It is currently, and has been since taking over from #PoundSterling around the time of WWII, the de facto #ReserveCurrency of the World.

There is a video and a full transcript.

Link to author’s blog.

https://www.taxresearch.org.uk/Blog/2025/04/29/has-trump-done-for-the-dollar/?

ECB Vice President Luis de Guindos expresses confidence in euro's potential to become alternative reserve currency to dollar within few years, emphasizing European integration's role in enhancing euro's global influence.
#YonhapInfomax #ECB #Euro #ReserveCurrency #EuropeanIntegration #GlobalInfluence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59810

White House affirms Trump's support for dollar's global reserve currency status, signaling continuity in US monetary policy stance
#YonhapInfomax #WhiteHouse #Trump #Dollar #ReserveCurrency #USMonetaryPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59801

PIMCO advises reducing dollar exposure, citing potential challenges from US policy shifts and suggesting a possible move towards a more multipolar global financial system.
#YonhapInfomax #PIMCO #DollarExposure #USPolicyChanges #ReserveCurrency #GlobalFinancialSystem #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59260

Federal Reserve Chair Jerome Powell confirms readiness to supply dollar liquidity through standing swap lines, emphasizing the dollar's role as global reserve currency
#YonhapInfomax #FederalReserve #JeromePowell #DollarLiquidity #SwapLines #ReserveCurrency #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59031

"...some have speculated that the euro could displace the dollar as the preferred global reserve currency"
"...it seems possible that the Trump ‘tariff shock’ could be that tipping point"
"The proportion of world reserves held in euros has been slowly growing"
"...the end result may be a global economy that no longer needs the USA...[mirroring] the plight of the UK in relation to the European Union after Brexit"
https://northwestbylines.co.uk/politics/economy/trumps-tariffs-and-the-acceleration-of-structural-change/
#USTreasuryBills #Euro #ReserveCurrency

Okay, hear me out... now that #US #hegemony is dying, isn't it perhaps time to discuss a new #global #reservecurrency ? Wait, wait!! HEAR ME OUT!!!

We could just say every continent, sub continent or economic area should hold X amount of Yens, Euros, USDs and leave it at that, but I think we all realize how that's going to go.

So I put it to you, dear reader. If we could create some central bank devoid of fractional reserve banking and other gambling, to form a trade currency that all can use.

Rabobank warns that US protectionist policies could undermine the dollar's global reserve currency status, potentially impacting US Treasury bonds and American economic dominance.
#YonhapInfomax #Rabobank #DollarStatus #USProtectionism #ReserveCurrency #FederalReserve #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57129

🔴 🇺🇸 📖 **Is King Dollar’s Reign Coming to an End?**

“My book shows—pretty convincingly, as I hope readers will agree—that the dollar will remain firmly atop the global currency heap, barring the adoption of catastrophically wrongheaded policies by the US government.”

🔗 https://yalebooks.yale.edu/2025/03/20/is-king-dollars-reign-coming-to-an-end/.

#Nonfiction #Economics #USA #US #UnitedStates #Dollar #ReserveCurrency #Currency #Book #Bookstodon @bookstodon

Lavrov Says He Agrees With Donald Trump on US Sanctions Weakening Dollar’s Status - Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Tru... - https://news.bitcoin.com/lavrov-says-he-agrees-with-donald-trump-on-us-sanctions-weakening-dollars-status/ #bidenadministration #dedollarization #reservecurrency #sergeylavrov #donaldtrump #economics #inflation #sanctions #joebiden #economy #dollar #russia #brics #china #trade #u.s.

Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs - Former President and Republican candidate Donald Trump announced future sanctions ... - https://news.bitcoin.com/trump-threatens-countries-leaving-the-u-s-dollar-with-100-tariffs/ #reservecurrency #cryptocurrency #newsbytes-4 #newsbytes #usdollar #tariffs #crypto #trump

Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk - In recent times, Elon Musk, the owner of X and the CEO and product architect at Te... - https://news.bitcoin.com/government-overspending-puts-us-in-the-fast-lane-to-bankruptcy-according-to-elon-musk/ #governmentspending #economicoutlook #financialcrisis #reservecurrency #fiscalpolicy #nationaldebt #u.s.economy #economics #inflation #elonmusk #xspaces

The #USdollar is a problem for everyone
"In 1971, #US #Treasury Secretary #JohnConnally famously told his counterparts in G10 tt "the #dollar is our #currency, but it's your #problem". Connally was being unexpectedly candid abt e fact tt, even tho the #greenback was the world's main #reservecurrency, its foremost purpose was to advance #USinterests. That remains true today. The spillovers fr the #Fed's higher-for-longer #policy position r perhaps most pronounced in Japan"
https://www.bangkokpost.com/opinion/opinion/2850151/the-us-dollar-is-a-problem-for-everyone

Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050 - Asset management firm Vaneck released a report projecting bitcoin could reach $2.9... - https://news.bitcoin.com/vaneck-predicts-bitcoin-could-reach-2-9-million-by-2050/ #marketsandprices #bitcoinvaluation #bitcoinadoption #reservecurrency #cryptocurrency #digitalassets #vaneckreport #bitcoin #crypto #vaneck #btc

VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First - Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, ... - https://www.coindesk.com/markets/2024/07/25/vaneck-sees-bitcoin-hitting-29m-by-2050-but-a-lot-has-to-happen-first/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #reservecurrency #matthewsigel #markets #bitcoin #vaneck #news

US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains - Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insigh... - https://news.bitcoin.com/us-government-could-hold-bitcoin-as-reserve-asset-diam-ceo-explains/ #reservecurrency #cryptocurrency #reserveasset #finance #bitcoin #crypto #india #daim #btc

German MP urges government to stop ‘hasty’ Bitcoin sell-off - German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” an... - https://cointelegraph.com/news/german-mp-urge-government-stop-selling-bitcoin #germanbitcoinselloff #currencydebasement #reservecurrency #inflationhedge #treasuryasset #joanacotar #parliament #bundestag #mt.gox

Spot Ether ETF Approval Expected to Enhance Crypto Asset’s Legitimacy and Utility, Says Hedera Council President - While lobbying is likely to play an important role in shaping crypto policy, just ... - https://news.bitcoin.com/spot-ether-etf-approval-expected-to-enhance-crypto-assets-legitimacy-and-utility-says-hedera-council-president/ #decentralizedfinance #donaldtrumpbitcoin #assettokenization #reservecurrency #spotethereumetf #digitalassets #interview