Webtel.mobi publishes a detailed article on why the US Dollar is not under threat as Global Reserve Currency, nor a consideration for Global Financial Reform
Retrieved on:
Thursday, March 28, 2024
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It is rather the Global System over which all currencies are transacted that creates all global imbalances, weighted advantages or potential reform solutions.
Key Points:
- It is rather the Global System over which all currencies are transacted that creates all global imbalances, weighted advantages or potential reform solutions.
- Through these decisions, so-called Reserve Currencies, Illiquid Currencies, Exchange Rates, Currency Flows, Currency Exchange and all other aspects of the Global Economic and Financial System are determined.
- This situation is – and will be – impossible to alter without reform of the Global Financial System.
- The Global Financial System functions like a railway network, with:
A System of Railway Tracks on which all Carriages (i.e.