US Dollar's Global Reserve Currency Status Will Decline, Says Analyst

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The US dollar is facing a decline in its status as the primary world currency and global reserve. It has lost 25% of its purchasing power and is losing faith and connection with investors. Financial expert Amir Kumar Gupta predicts that the USD's status as a peak currency may decline over the next few years. The share of global trade invoiced in USD has steadily declined, and the USD reserves of global central bankers have also declined. The increase in cross-border flow of funds has led to the manipulation of the US economy. The US-China trade conflict has contributed to the loss of USD's value and prestige. If the USD loses its reputation, it could trigger a shift towards other asset alternatives and boost the prospects of rival currencies like Bitcoin and the Chinese Yuan.

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