Reserve Currency
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How Domestic and World Orders Change
Principles by Ray Dalio· 2025-07-07 14:36
Over the last few years, three big things that hadn't happened in my lifetime prompted me to do this study. First, countries didn't have enough money to pay their debts, even after lowering interest rates to zero. So, their central banks began printing lots of money to do so.Second, big internal conflicts emerged due to growing gaps in wealth and values. This showed up in political populism and polarization between the left who want to redistribute wealth and the right who want to defend those holding the w ...
Will The US Dollar Be The Reserve Currency in 10 Years? 🤔
20VC with Harry Stebbings· 2025-07-01 13:54
Reserve Currency Status - The US dollar is expected to remain the world's reserve currency in 10 years due to the difficulty of quickly replacing reserve currencies [1] - The percentage of reserves represented by the US dollar is expected to slightly decrease in 10 years [1] - The US dollar's reserve percentage has already decreased from 80% to 70% [1] Alternative Currencies - A credible alternative to the US dollar is needed to replace it [2] - The Euro is currently the only credible alternative, but Europe needs to improve its coordination [2]