US Dollar's Reserve Currency Status -- History and Future

As the dedollarization movement accelerates, let's look at the fascinating past and the complex future in a multipolar world

Americans act as if the US dollar has always been the king of the currencies. However, just 105 years ago, the share of the US dollar in the global foreign exchange reserves was… ZERO! Nada! Zilch! Moreover, the dollar didn’t become #1 until 1954. Let’s take a look at the history of the top global currencies since the beginning of the 20th century. Ther…