US Administration's Fiscal Policy
With Trump's tariffs causing concern for Governments and Businesses world-wide and even spooking investors like Warren Buffet, (Warren Buffett on why U.S. fiscal policy 'scares' him), is the US dollar losing it's Reserve status?
From what I've heard and read it's exactly what's happening, but most of the money is moving to Gold (According to European Central Bank (ECB) President Christine Lagarde) with only a small percentage going to the second major currency, the Euro. According to this article: The euro’s path to reserve status, (the euro accounted for about 20 per cent of the allocated reserves, while the $US dollar held a dominant share of 58 per cent in fourth quarter of 2024).
Also check out this video: Forget the Dollar - Lagarde Says the Euro's Moment Is Now (If Europe Acts!)
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