Tag: Dollarization

Why the De-Dollarization Won’t Happen Any Time Soon

You may have come across catastrophic headlines saying the US was about to lose its global reserve currency status. It won’t. Here’s why. If you don’t know anything about money, read this article, written by yours truly. What Makes a Currency Valuable? A cu...

Why are countries moving towards de-Dollarization?

Let’s look at the historical perspective first. The US dollar has been the dominant currency in global trade and finance for decades, and its status as the world’s reserve currency has given the United States significant economic and geopolitical power. The dollar’s dominance has b...

Why are countries moving towards de-Dollarization?

Let’s look at the historical perspective first. The US dollar has been the dominant currency in global trade and finance for decades, and its status as the world’s reserve currency has given the United States significant economic and geopolitical power. The dollar’s dominance has b...