The Dollar’s Dominance | Catherine Schenk (opens in new tab)

Is de-dollarization on the horizon? One of the mainstays of the global order for the past seventy years has been American economic leadership and the use of the US dollar as the core means of exchange, store of value, and unit of account. While the eruption of war and trade instability threaten the endurance of US hegemony, a currency transition seems unlikely to place. The post appeared first on .