From Warren Buffett to Paul Krugman, some of Wall Street's biggest names are shrugging off de-dollarization fears
. Brazil and India are also pursuing some non-dollar trade initiatives.
."Even if some governments express a desire to see payments conducted in other currencies, it's not at all clear they can make that happen." Krugman's jibe seems to speak for many top-level investors and economists, who have tended to dismiss the heightened talk of de-dollarization.Berkshire Hathaway's annual shareholder meetingBank of America and Goldman Sachs strategists have also expressed the same view in recent research notes – that despite Musk's worrying, no other currency can really compete with the dollar.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Paul Krugman: Soft landing hopes for US economy are still very aliveNobel economist Paul Krugman says hopes for a soft landing of the US economy are 'still very much alive'
Read more »
EV Startups Are Proving Warren Buffett RightElectric vehicle startup Polestar is the most recent in a line of companies to release adjusted guidance amid waning demand. As Heard on the Street’s StephenWilmot explains, the company may be better off than others. WSJWhatsNow
Read more »
How TikTok sensation Squishmallows found Warren BuffettSquishmallows joined Warren Buffett's business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensation on TikTok.
Read more »
US inflation hits 2-year low: Biden, Krugman, Rosenberg reflectUS inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here's how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.
Read more »
5 CEOs of Buffett's Berkshire on beating inflation, rates, recessionWarren Buffett's businesses are battling historic inflation, hefty interest rates, and tighter lending. 5 Berkshire Hathaway CEOs break down why they're thriving despite a brutal economic backdrop.
Read more »
CMSD Board of Education members approve new CEODr. Warren G. Morgan is currently the Chief Academic Officer for Indianapolis Public Schools.
Read more »