MacroVoices · Thursday, August 27, 2026
Daniel Lacalle suggests that the US dollar's status as the world's reserve currency may be nearing an end, as reserve currencies historically last about 100 years and the current cycle is overdue for a shift. He notes that while this topic was once discussed by a fringe group, it's now a more mainstream concern.
“The US dollar has been the world's reserve currency since the end of World War II, but nothing lasts forever.”
“Nothing lasts forever. Reserve currencies only last about 100 years. We're kind of overdue for a change.”
“This is changing because we are starting to get used to the view that the financial system and that monetary system does not need to be centralized.”