How global currencies end
KAUAI — Is the dollar poised to lose its dominance of global economic and financial transactions? Many commentators apparently think so.
Source: jordantimes.com
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KAUAI — Is the dollar poised to lose its dominance of global economic and financial transactions? Many commentators apparently think so.
Sep 21, 2023 // Many commentators expect the dollar to lose its global dominance in the coming years. Yet heightened geopoltical economic competition isn't likely to spell the end of the dollar's dominance—though U.S. fiscal mismanagement might, writes Berkley's Barry Eichengreen.
The American position depends not only on relations with Russia, China and the Brics countries, but on fixing its own economic and political problems