How Will Modern Monetary Theory (MMT), Reserve Currency Status And Central Bank Digital Currency Impact You

Modern Monetary Theory (MMT) relies on the U.S. Dollar continuing as the world reserve currency.

While we may not agree with everything he says, there are nine decades of wisdom buried in Warren Buffett’s quotes.

The reserve currency status could be challenged by the rise of the Central Bank Digital Currency.

A reserve currency is a foreign currency held in significant quantities by most world governments via their respective central banks.

Is The Dollar Losing It’s Reserve Currency Status

While we may not agree with everything he says, there are nine decades of wisdom buried in Warren Buffett’s quotes.

The U.S. dollar losing its reserve currency would necessitate another currency to take its place.

What Is Modern Monetary Theory (MMT)

Modern Monetary Theory takes this a step further. It states that as long as a country holds reserve currency status, it can keep printing currency to finance its needs.

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