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the claim
The US dollar is the world's primary reserve currency.
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SUPPORTED
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Recorded sources
7 sources for · 1 against
Is it true that the US dollar is the world's primary reserve currency?
Yes. Multiple reference and peer-reviewed sources state the US dollar is the world's dominant or most important reserve currency, including a reference work calling it unchallenged for nearly a century and a 2024 peer-reviewed paper reaffirming its central role. One source argues the dollar is losing that position, but the weight of the placed evidence supports the claim.
Verdict: SUPPORTED · 7 sources for, 1 against · Last checked
Evidence for · 7
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Reserve currency - Wikipedia. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Reserve_currency
Evidence against · 1
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Popov, V. (2023). US Dollar Is Losing It Position of a Reserve Currency: How the BRICS Development Bank Can Ensure the Soft Landing. doi.org. https://doi.org/10.2139/ssrn.4546254
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More for · 6
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Vass, L. T. (2013). The Uncertain Future of the US Dollar as the Global Reserve Currency. doi.org. https://doi.org/10.2139/ssrn.2222784
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Costigan, T., Cottle, D., & Keys, A. (2017). The US Dollar as the Global Reserve Currency: Implications for US Hegemony. doi.org. https://doi.org/10.13169/worlrevipoliecon.8.1.0104
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The Role of the American Dollar and the Prospective Room for the Euro as an Important Intervention and Reserve Currency. (2018). ssrn.com. https://doi.org/10.2139/ssrn.2365722
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Is it true that the U.S has to run a chronic trade deficit with the rest of the world as a price to pay for being the world's reserve currency?. (n.d.). economics.stackexchange.com. https://economics.stackexchange.com/questions/24567
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Yoshimori, M. (2024). Rising Tides Lift All Boats: The Sustained Dominance and Global Impact of the US Dollar as the Reserve Currency. doi.org. https://doi.org/10.61093/sec.8(3).77-92.2024
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Anheier, H. K. & Juergensmeyer, M. (2012). Encyclopedia of Global Studies. play.google.com. https://play.google.com/store/books/details?id=FX7iCgAAQBAJ&source=gbs_api
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