"The Day the Dollar Dies" What Happens if the US Loses Reserve Currency Status?

Good morning, this is Dylan Jovine with Behind the Markets.
Today, I'm discussing a powerful article by Mitch Daniels, former governor of Indiana and head of the Office of Management and Budget under George W. Bush. In this article, titled "The Day the Dollar Died is Coming," Daniels warns about the potential catastrophic effects of the U.S. dollar losing its status as the world's reserve currency.
The consequences of this could include plunging bond prices, skyrocketing interest rates, housing market crashes, and severe societal upheaval. Daniels urges that we need a plan for this looming crisis, and I'm here to stress its importance. The future of our economy and the world is at stake.
Stay tuned as I dive deeper into this topic and what it could mean for you and your investments.
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