De-dollarisation is not a threat to global stability. Countries are simply questioning the rules of a game long rigged in Washingtons favour For more than eight decades, the US dollar has reigned supreme as the worlds reserve currency a position cemented at the Bretton Woods Conference in 1944 and reinforced by Americas postwar industrial power and military dominance. Today, that supremacy is facing growing resistance from multiple directions from African revolutionary movements to economic recalibrations in Europe, and from the counterbalance efforts of Brics nations to the geopolitical entanglements of Ukraine and Israel.
Recommended For You