Is the international monetary system nearing collapse?

A look at James G. Rickards’ The Death of Money

Eye on the dollar
(Image credit: (Ikon Images/Corbis))

Yesterday, I finished reading James G. Rickards' new book, The Death of Money. It's a book that asks a lot of important questions.

The book speculates about potential future changes to the international monetary system. Today, the main reserve currency in the world — used for the buying and selling of energy, resources, and other international trade, as well as a store of purchasing power for governments, corporations, and international institutions — is the United States dollar. Over 60 percent of countries' monetary reserves are held in U.S. dollars.

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John Aziz is the economics and business correspondent at TheWeek.com. He is also an associate editor at Pieria.co.uk. Previously his work has appeared on Business Insider, Zero Hedge, and Noahpinion.