dollar dominance
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US Congress plots to save dollar dominance amid global de-dollarization rebellion
The US Congress held a hearing titled “Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency”, as countries around the world join the de-dollarization rebellion. Continue reading
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The end of dollar dominance?
Last summer when the US fled Afghanistan, I wrote a post on the history of US dollar dominance I argued then that the US dollar would remain the dominant world currency for the foreseeable future, but that it was in relative decline compared to other currencies, precisely because US imperialism has been in relative decline compared… Continue reading