Payment for Oil in Yuan? Very Bad News for U.S. Dollar

U.S. Dollar Reserve Status Being Questioned As it stands, the U.S. dollar is the most dominant currency in the world. This status is being challenged, however. If the U.S. dollar loses its reserve status, there will be dire consequences for many investors, businesses, and consumers. Understand this: every major fiat currency in history has lost […] The post Payment for Oil in Yuan? Very Bad News for U.S. Dollar appeared first on Lombardi Letter.