In this episode of The Grant Williams Podcast, I welcome Diana Choyleva, Chief Economist at Enodo Economics, for a rigorous unpacking of what ‘de-dollarisation’ really means—and what it doesn’t. Moving beyond the familiar extremes of “the dollar is finished” versus “the dollar is untouchable,” Diana explains how China is methodically building an alternative financial infrastructure centred on the digital yuan and modern payment rails. The issue, she argues, is not oil being priced in dollars, but how energy is paid for and how those dollars are recycled. From Saudi Arabia’s pivotal role to the quiet technological arms race in cross-border payments, this is a masterclass in how currency, geopolitics, and technology are converging to reshape the global monetary order far faster than most realise.
Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.
Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…
