{"id":196735,"date":"2008-03-28T16:36:00","date_gmt":"2008-03-28T21:36:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/03\/28\/we-have-reached-the-tipping-point-on-the-dollar\/"},"modified":"2008-03-28T16:36:00","modified_gmt":"2008-03-28T21:36:00","slug":"we-have-reached-the-tipping-point-on-the-dollar","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/03\/28\/we-have-reached-the-tipping-point-on-the-dollar\/","title":{"rendered":"We Have Reached the Tipping Point on the Dollar"},"content":{"rendered":"<p>Small local money changers in Holland are <a href=\"http:\/\/www.reuters.com\/article\/ousiv\/idUSL1758265520080317\">refusing to exchange the dollar<\/a>, since they don&#8217;t typically exchange money back to Euros at the close of business each day, they think that the risk of a significant loss is too great.<\/p>\n<p>And the South Korean pension fund that I mentioned yesterday are part of a trend which will likely see the end of the US dollar as the major reserve currency sooner than most people expect.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Small local money changers in Holland are refusing to exchange the dollar, since they don&#8217;t typically exchange money back to Euros at the close of business each day, they think that the risk of a significant loss is too great. And the South Korean pension fund that I mentioned yesterday are part of a trend &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1080],"tags":[],"class_list":["post-196735","post","type-post","status-publish","format-standard","hentry","category-currency"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/196735"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=196735"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/196735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=196735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=196735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=196735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}