Krugman, Buffett shrug off de-dollarizationBut his Tweet earned a quick rebuke from Nobel Prize-winning economist Paul Krugman. "Elon Musk is among those warning that weaponizing the dollar will destroy its reserve currency status, because of course he is," Krugman added. "I see no option for any other currency to be the reserve currency," Warren Buffett said at Berkshire Hathaway's annual shareholder meeting last week. "There is a lot of inertia in reserve currency status," they added. Here's everything you need to know about rival countries' efforts to dethrone the greenback

Source: Economic Times May 13, 2023 17:17 UTC