Parallax Views w/ J.G. Michael cover image

The Slow Erosion of Pax Americana w/ Doug Bandow/Ernst Jünger, The Human Cost of War, and the Global War on Terror w/ Casey Chalk

Parallax Views w/ J.G. Michael

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The Dollar Dominance Is Eroding, but That Doesn't Mean It's Going to Go Away

I think the dollar dominance is eroding, but that doesn't mean it's gone. The only real obvious alternative currency would be the ura. If india and russia are talking about having rupe ruble trade you avoid risk of being sanctioned by the united states. We see greater resistance to buying the dollar. I know china, japan and other countries have grown a bit more wary. They're worried about american a debt. That's almost at a hundred % of g d p terms of publicly owned federal debt.

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