UW-Madison Professor Mark Copelovitch: “Jack Dorsey is wrong. The dollar is still a global reserve currency.”

By: Sydney Radwin

An article titled, “Jack Dorsey is wrong. The dollar is still a global reserve currency,” written by UW-Madison Professor, Mark Copelovitch, in June 2022, in the Washington Post talks about how the dollar is still king.

Professor Mark Copelovitch mentions that he believes Twitter’s co-founder and ex-CEO, Jack Dorsey, is in fact wrong about the dollar losing its global currency status. In fact, he argues that the dollar’s status as the dominant global reserve currency is stronger than ever. The article goes further into detail of this by mentioning specific statistics and explanations.

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