Subject: Re: OT - De-dollarization
Well said.

Krugman has an opinion piece on the de-dollarization hysteria, but it's behind a paywall:

https://www.nytimes.com/2023/0...

Bottomline, Britain lost its reserve currency status and the pound is still fine. Replacing the dollar with the Yuan could happen, but then you'd have to trust a whimsical communist dictatorship with defending value. Ask BABA how that's going.

The US economy is still too large, and the dollar too central to global trade, and as a store of value, for it to be displaced anytime soon.