this post was submitted on 20 Jun 2023
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United States | News & Politics

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‘A natural way to diversify': Janet Yellen now says Americans should expect a decline in the USD as the world's reserve currency — what’s really going on and how can you prepare? (ca.finance.yahoo.com)
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[–] yogthos@lemmy.ml -2 points 2 years ago

It's also worth noting that a reserve currency is not a necessity to begin with. Countries can just hold commodities and use national currencies to trade with each other as we're increasingly seeing happen.