It Is Time To Abandon Dollar Hegemony

To date, there is little reason to think that global demand for dollars is drying up. But there is another way the United States could lose its status as issuer of the world’s dominant reserve currency: it could voluntarily abandon dollar hegemony because the domestic economic and political costs have grown too high.

Read Here – Foreign Affairs

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.