From Warren Buffett to Paul Krugman, some of Wall Street's biggest names are shrugging off de-dollarization fears
. Brazil and India are also pursuing some non-dollar trade initiatives.
."Even if some governments express a desire to see payments conducted in other currencies, it's not at all clear they can make that happen." Krugman's jibe seems to speak for many top-level investors and economists, who have tended to dismiss the heightened talk of de-dollarization.Berkshire Hathaway's annual shareholder meetingBank of America and Goldman Sachs strategists have also expressed the same view in recent research notes – that despite Musk's worrying, no other currency can really compete with the dollar.
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