Trust in the US is eroding. The question isn’t if the dollar will lose supremacy – it’s when


Source: theguardian.com theguardian.com

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For more than eight decades, the US dollar has reigned supreme as the world’s reserve currency – a position cemented at the Bretton Woods Conference in 1944 and reinforced by America’s 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. As global trust in Washington’s stewardship of the international financial order declines, the long-predicted transition to a multi-polar monetary world may finally be close. At the heart...