More on the USD as the reserve currency:
- As long as we have rule of law, relative price stability, open capital accounts, democratic institutions, we will retain dollar as reserve currency
- History shows this is not a permanent status but it is a lasting one
- There is not another economy with all the same features
- US dollar is still dominant reserve currency
- U.S. dollar is still dominant reserve currency
This article was written by Greg Michalowski at www.forexlive.com. Source