Threats to the dollar’s dominance are overblown

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Threats to the dollar’s dominance are overblown | opinion

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The political moves against the dollar are real, but the economic outcomes will take a decade to assess.

And inflation was transitory

Most of South America, half of Asia and parts of Europe are planning to dump the dollar. That will have huge implications as all those dollars get pushed back into the US.

Global foreign currency reserves, fourth quarter of 2022.(IMF) $: $6.4 trillion €: $2.2 trillion 円: $0.6 trillion £: $0.5 trillion ¥: $0.3 trillion

As you always said somnath1978

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