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My name is Joshua Sheetz today is Wednesday, April 5, 2023.

Today, on the show, I want to discuss the potential for the US dollar to lose its status as the

world's reserve currency.

There have been various news articles and various chatter that I have been observing online

that seems to be, as best I can tell, seems to be sparked in this most recent iteration

by a recent announcement from the nations of China and Brazil that evidently they're

going to do some form of trade deal in their own currencies.

And people are taking this and extrapolating out from it, I'll cover that more in just

a moment.

Now, the short version is quite simply that I don't think this is really anything new.

I have been paying attention to finance for, I guess, call it 15 to 20 years now.

And in that period of time, I have consumed hundreds, perhaps hundreds of careful articles

analyzing and predicting the doom of the US dollar.

And during my entire lifetime, those articles have all come to naught.

Now, that doesn't obviously mean that they couldn't actually come to something.

But today, I want to try to present a series of arguments as to why it's unlikely to

come to be a problem.

So the outline of the show, the TL-DL, too long didn't listen is quite simply this.

I'm not particularly concerned about the US dollar losing its status as the world reserve

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