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Dollar Losing Grip On Reserve Currency Status Thanks to Gold
In financial academia circles, Nassim Taleb is well-known, having authored books like “Black Swan” and “Antifragile: Things That Gain From Disorder.” In an interview with Bloomberg, Taleb challenged the notion of the U.S. dollar as the reserve currency. He asserts that gold has effectively taken its place. As a former options trader turned academic, Taleb has witnessed his fair share of volatile events. Those include more impactful tail events. In the interview, he chronicled the rise of developed nations and how they need to rely more heavily on debt to sustain their economic advantage. This is certainly the ... (full story)
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- Jul 9, 2025 7:24am Posted byFundamental Analysis274
