Who says the dollar is con longer a reserve currency. Not only is it still a reserve currency, but it's a de facto currency in many places.
That is changing rapidly.
“Who says the dollar is con longer a reserve currency. Not only is it still a reserve currency, but it’s a de facto currency in many places.”
It is certainly less of a reserve currency among currency-reserve-holding nations as a whole.
Seeing it fall 15% plus in such a short time, and the monstrous debt-monetization the fed is engaged in now, is something dollar holders are doubtless looking at.
In fact, the move down the last year or so in part must be reserves being moved out of dollars. Supply and demand applies here.