Sven Longshanks and Dr Matthew Raphael Johnson look at the effect of Russia, India, China, Turkey and Iran all reducing their use of the American dollar.
The dollar being the world’s reserve currency, is estimated to be worth in excess of $100 Billion a year to America, in reduced loan costs.
But more and more countries are signing currency swap agreements and well over half the world are now deliberately scaling back their use of the greenback.
Presented by Sven Longshanks and Matt Johnson
The Daily Nationalist: The Top 5 Countries to Ditch the Dollar – DN 101019
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