那提西银行-全球-金融市场-美元可能会失去储备货币的地位？.pdfVIP

Could the dollar lose its reserve currency status? Flash Economics 16 January 2018 - 66 The dollar’s reserve currency status is still intact: the weight of the dollar in foreign exchange reserves remains high and has even increased, the US external and fiscal deficits are financed without any difficulty, the rest of the world structurally remains a buyer of US equities. But the question is nevertheless whether the dollar could lose its reserve currency status in the future, which would lead to a totally different functioning of the international monetary system. The reasons are as follows:  The United States structural problems are massive: quite weak labour force skills, weakening technological progress, decline in Americans’ employability;  The shortfall of savings is chronic, and leads to a chronic external deficit, which eventually could trigger an external debt crisis for the United States;