What you need to know

Is ‘Reserve Currency’ a special status that a currency earns & then always loses from abuse and waste. The U.S. Dollar has been the reserve currency of the world for about as long as most have before it.

The reserve currency is used in most global markets. Held by other countries as part of their own assets accumulated from trade with other nations. The currency of choice for countries, corporations & individuals around the world to denominate their on debt & contracts in. This gives the reserve currency a constant, strong source of demand.

It gives the nation who can create the reserve currency the ability to print almost as much as it wants…..well until it can’t.

SUB-LESSONS BELOW

• What is a Reserve Currency?
• Historical Reserve References
• WW1–Nixon Default
• Petro Dollar / Petro Financing