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What Happens if the Dollar Loses Reserve Currency Status?
A 101-level look at what it means to be the global reserve currency and what it would mean for the U.S. dollar to lose that standing.
August 8, 2021
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A 101-level look at what it means to be the global reserve currency and what it would mean for the U.S. dollar to lose that standing.
This episode is sponsored by NYDIG.
On this week’s “Long Reads Sunday,” NLW reads David Z. Morris’ “The End of Exorbitant Privilege: Inflation, the Global Dollar and What Comes Next,” which covers inflation’s potential impact on the status of the USD.
The Breakdown is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: blinow61/iStock/Getty Images Plus, modified by CoinDesk.
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