I’ve already addressed all the “points” you were attempting to make there. Meanwhile, the part you evidently missed in those articles is the trajectory there. What will this look like a year from now, two, or three. Enjoy being smug while you can, and best of luck to you kiddo. You’ll need it.
trading in November, the yuan’s share among all currencies was 4.61%, the highest since the earliest data available in 2015. Heading the list was the U.S. dollar with 47.08%, followed by the euro with 22.95% and the British pound with 7.15%. The yen’s share was 3.41%
Yup, you don’t understand the concept of change over time. At one point, not so long ago, sterling pound was the global reserve currency and US dollar was not used at all. In a few years following WW2, sterling pound fell out of use as a reserve currency and was replaced by the dollar. What the articles I linked clearly explain is that the yuan is rapidly growing in use:
This year’s near-doubling of the yuan’s share as a global payments currency has largely gone unremarked because the figures are still rather modest, and forecasts of the dollar’s impending demise have so far turned out to be greatly exaggerated.
I’ve already addressed all the “points” you were attempting to make there. Meanwhile, the part you evidently missed in those articles is the trajectory there. What will this look like a year from now, two, or three. Enjoy being smug while you can, and best of luck to you kiddo. You’ll need it.
No you didn’t.
You posted two articles. One behind a paywall and the other hammering in exactly what I’m saying.
Meaningless.
Whatever helps you cope there muffin.
he says with completely wrong information lol
Thanks for letting us know you don’t understand the concept of trends.
Yup, you don’t understand the concept of change over time. At one point, not so long ago, sterling pound was the global reserve currency and US dollar was not used at all. In a few years following WW2, sterling pound fell out of use as a reserve currency and was replaced by the dollar. What the articles I linked clearly explain is that the yuan is rapidly growing in use:
Reread what you just wrote
Follow your own advice and keep reading it till you understand what I wrote. Might take you a while based on what we’ve seen here.