Dollar loses reserve status to yen & euro
http://www.nypost.com/p/news/busines...70F8D6530791C5
".....Investors and central banks are snubbing dollars because the greenback is kept too weak by zero interest rates and a flood of greenbacks in the global economy.
They grumble that they've loaned the US record amounts to cover its mounting debt, but are getting paid back by a currency that's worth 10 percent less in the past three months alone. In a decade, it's down nearly one-third. ......."
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