Janet Yellen: Americans should anticipate a decline in the USD as the world’s reserve currency

Moneywise: The U.S. dollar saw an 8% decline in its share of global reserves in 2022 — causing some to question whether the dollar’s days of dominance are over. Treasury Secretary Jannet Yellen gave her two cents on the matter during a congressional hearing in June — stating that no currency currently exists that could displace the greenback. U.S. sanctions and foreign policy plays have inspired a backlash from China, Russia and other prominent countries

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