Dedollarization? It's More Like "De-fiatization"
By Daniel Lacalle
> Investors are not abandoning dollars so much as they are abandoning fiat currency in favor of gold. Gold is rising as a share of reserves, but euros and yen are not.
Dedollarization? It's More Like "De-fiatization"
By Daniel Lacalle
> Investors are not abandoning dollars so much as they are abandoning fiat currency in favor of gold. Gold is rising as a share of reserves, but euros and yen are not.