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The Transition Towards a Multipolar Reserve Currency World


The Shift Towards a Multipolar Reserve Currency World Updated June 19, 2023 By James Anderson  US Treasury Secretary Janet Yellen all but admitted to the US congress this week that we are heading into a more multipolar reserve currency world. A future that will depend much less on our currently still dominant fiat US dollar Federal Reserve note and offshore eurodollars for global trade settlements. Coupled with already dwindling external reserve currency holdings, more data related proof on that statement in a few minutes. First, let us all have a listen to how Janet Yellen expressed where the fiat US dollar’s…

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