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Reserve currency

Warren Buffett isn't worried about the dollar's dominance. He predicted it would still be the world's reserve currency in 2065.

Wed, 07/19/2023 - 06:00

warren buffett — Warren Buffett
AP Images

Markets, MI Exclusive, Currencies, De-Dollarization, Warren Buffett, Berkshire Hathaway, Billionaires

Warren Buffett and Charlie Munger warned a banking crisis is possible, AI may be dangerous, and government overspending will end badly. Here are their 18 best quotes from Berkshire Hathaway's annual meeting.

Sun, 05/07/2023 - 18:36

GettyImages 1140985597 — Warren Buffett (left) and Charlie Munger.
JOHANNES EISELE/AFP via Getty Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Berkshire Hathaway Annual Meeting 2023, Charlie Munger

Warren Buffett shrugs off de-dollarization fears but warns excessive government spending may have serious fallout

Sat, 05/06/2023 - 15:30

warren buffett — Warren Buffett.
Bill Pugliano / Getty

Markets, MI Exclusive, Currencies, US Dollar, De-Dollarization, Inflation, Greenback

Dollar dominance isn't going anywhere. Here are 5 myths about de-dollarization.

Sat, 05/06/2023 - 08:15

dollar yuan — A 100 yuan banknote (R) is placed next to $100 banknotes in this picture illustration taken in Beijing Nov. 1, 2010.
Reuters/Petar Kujundzic

Markets, MI Exclusive, De-Dollarization, Dollar dominance, US Dollar, dollar vs. yuan, Currency Wars

The yuan is not a threat to the US dollar because China is not a predictable or reliable market, former Treasury Secretary Larry Summers says

Mon, 04/24/2023 - 15:02

Larry Summers — Lawrence Summers.
Chip Somodevilla/Getty Images

Markets, MI Exclusive, Dollar dominance, US Dollar, China currency yuan, Yuan, Currency Wars

China wants the dollar's dominance to fade - and the US should defend its reserve currency status, Biden nominee says

Wed, 04/19/2023 - 07:48

Dollar vs. Yuan — The US should defend the dollar's reserve status by raising the debt ceiling, according to Biden nominee Jared Bernstein.
ByoungJoo/Getty Images

Markets, MI Exclusive, Currencies, Dollar, Dollar dominance, China, Reserve currency

Nobel economist Paul Krugman says there's no real risk to the dollar - unless the US defaults on its debt

Mon, 04/17/2023 - 10:34

Paul Krugman — Princeton economics and international affairs professor Paul Krugman listens during his introduction as the 2008 Nobel prize winner in economics at a new conference on the campus of Princeton University in Princeton, New Jersey.
Reuters/Tim Shaffer

Markets, MI Exclusive, Paul Krugman, Dollar dominance, US Dollar, Yuan, China

There are 3 big reasons why the dollar's dominance against other currencies won't be waning anytime soon

Wed, 04/05/2023 - 14:07

Tech Insider : Economy

US dollar printing — The dollar is the most important currency in the world.
EVA HAMBACH/Getty Images

Markets, MI Exclusive, US Dollar, Reserve currency, FX, Yuan, Chinese yuan

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