Category: World Reserve Currency

The Vacuum Effect of the US Dollar

Commentary April 2022 will go down in history as a milestone that has only been seen on three previous occasions since 1973; it’s a month in which the S&P500 Index and U.S. Treasuries have fallen at the same time, 5 percent and 2 percent, respectively. Additionally, the U.S. dollar has appreciated against the main currencies…


Beijing Accelerating Plans to Replace US Dollar as World Reserve Currency: Chinese Professor

The Chinese regime is accelerating its efforts to challenge the U.S. dollar’s dominance in global markets and trade by taking advantage of the economic shifts caused by the pandemic, a Chinese professor recently revealed. In the post-pandemic world, China should be the “one who decides the benchmark of value,” Di Dongsheng, associate dean of the…