Alpha Beta Blog
Published in

Alpha Beta Blog

Photo by Mackenzie Marco on Unsplash

The U.S. Can’t Afford To Lose Its Reserve Currency Status

The U.S. is currently the world’s reserve currency. This means that other countries demand a lot of U.S. dollars because:

  1. Commodities like crude oil are priced in dollars so commodity imports must be paid for using dollars.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tony Yiu

Data scientist. Founder Alpha Beta Blog. Doing my best to explain the complex in plain English. Support my writing: