The USA has enjoyed the “exorbitant privilege” of dollar for many decades. As the currency of choice for global trade and foreign exchange reserves, the USD bestowed Americans with wealth and power. Let’s discuss what those powers are, how the US elites abuse them, and how the world is now revolting against this unfair monopoly. A multipolar world is emerging and the death of dollar hegemony will be a key feature of this new world order.
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