New America Foundation

Dollar Losing Reserve Status?

TITANIC DEBT CLOCK ******** We have been watching Ben Bernanke juggle the fiery pins of zero interest rate, monetizing the debt, and running the printing presses 24/7 for well over a year now, and we have been listening to the Russians and Chinese call for a new world reserve currency for months. It is not official yet, but it appears that our dollar is about to be booted from the table.  I personally believe that the title of this article from the NY Post is misleading, but the information that it contains shows the trend, and I am looking for…
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