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<p>[QUOTE=&quot;Morgan1878, post: 725352, member: 17869&quot;]Not so fast..the last time a reserve currency got replaced (the British Pound) the process took a hundred years. </p><p><br /></p><p>Although the dollar could eventually be replaced, foreign countries with large holdings (China, Saudi Arabia, etc) don&#039;t want the value of their dollars to suddenly plummet. Overtime, the dollar will decline, but the desired path is an orderly decline, not a free fall.</p><p><br /></p><p>Currently, there&#039;s not anything out there to replace the dollar. No other country so far has a currency with the liquidity and just as important the confidence of other countries with respect to its political stability as the U.S.</p><p>now enjoys.[/QUOTE]</p><p><br /></p>

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