A reserve currency has a monopoly. They have the advantage. There’s no way to deny this. The U.S. has their hegemony and have been capitalizing on it. Every day it seems another country has been calling for the world to move away from the U.S. dollar. This has been happening but it’s been a rather slow process. Nevertheless, it’s happening.
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In your opinion, how long will it take before the U.S. loses it's monopoly? Or will it retain the crown forever?
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