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.
Aww muffin, you sound upset maybe go outside touch some grass. Also, maybe work on your math a bit while you’re at it. Here’s how doubling works: 4.61*2 => 9.22 * 2 => 18.44 * 2 => 36.88 * 2 => 73.76. At the current rate of growth it would only take 4 years for the yuan to eclipse the dollar. Of course, these aren’t independent events and as the use of yuan grows, the use of dollar will shrink. In reality we could see yuan become bigger than a dollar in even shorter time frame. It must be hard to go through life not being able to do basic math.
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Thanks for letting us know you don’t understand the concept of trends.
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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:
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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.
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Aww muffin, you sound upset maybe go outside touch some grass. Also, maybe work on your math a bit while you’re at it. Here’s how doubling works: 4.61*2 => 9.22 * 2 => 18.44 * 2 => 36.88 * 2 => 73.76. At the current rate of growth it would only take 4 years for the yuan to eclipse the dollar. Of course, these aren’t independent events and as the use of yuan grows, the use of dollar will shrink. In reality we could see yuan become bigger than a dollar in even shorter time frame. It must be hard to go through life not being able to do basic math.
Removed by mod