Amid Worst Start To A Year On Record, Scott Bessent Affirms The Dollar Is Not Dying
Despite a growing chorus of pundits claiming the “death of the dollar” is imminent, Treasury Secretary Scott Bessent said the dollar will remain the world’s reserve currency.
The dollar is in the midst of its worst start to a year on record…
The following clip from Bloomberg was based on a speech Scott Bessent gave Thursday morning to the IMF and World Bank:
More broadly, the Treasury secretary reinforced backing for the central role of the US and its dollar in the global financial system.
“I think that the US will always, for my lifetime, be the reserve currency,” said Bessent, age 62.
He also quipped of the global reserve role, saying “I am actually not sure that anyone else wants it.”
As RealInvestmentAdvice.com reports, some believe Donald Trump’s economic policies are designed to end the dollar’s role as the world’s reserve currency.
Scott Bessent clears up such misinformation, affirming the dollar’s status as the reserve currency.
In Trump’s Economic Revolution, we opined on the long-standing Bretton Woods Agreement that made the dollar the reserve currency and how Trump may be steering away from some of the “rules” that evolved since the agreement was signed in 1944.
The agreement and its unwritten rules are economically unsustainable. Trump is rightfully taking action to change them.
However, that doesn’t mean he intends to change the dollar’s status as the reserve currency.
As we summarized in the article mentioned above:
The dollar will likely remain the world’s reserve currency as no reasonable alternative exists. However, the unspoken agreements and promises surrounding the global economy may change drastically.
Tyler Durden Fri, 04/25/2025 – 13:20
Source: https://freedombunker.com/2025/04/25/amid-worst-start-to-a-year-on-record-scott-bessent-affirms-the-dollar-is-not-dying/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,691,026,152 |
| Stories: | 8,401,523 |
Whistler Blowers, Insiders
