Why the Dollar's Dominance is Here to Stay.

Strategists at the Carson Group believe that the US dollar will remain the dominant global reserve currency due to the world's confidence in the US, the dollar's dominance in trade and international finance, and the US's willingness to maintain massive trade deficits. The US's trade deficit leaves foreign buyers holding onto a heap of dollars that it needs to put somewhere, and they often turn to US treasuries or hold USD in cash, which are liabilities of the US government that the US is more than willing to issue.