China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these…
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Deutsche Bank Warns of Significant De-Dollarization Risks Among US Allies
Deutsche Bank has issued a warning regarding the potential risks to the U.S. dollar’s status as a global reserve currency, citing concerns over the reliability of the Federal Reserve’s liquidity…
Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement
The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan…
Balaji Srinivasan: Dollar Inflation Is Global Taxation
In a recent social media post, former Coinbase CTO Balaji Srinivasan argued that U.S. dollar inflation acts as a form of global taxation, highlighting the disparity in financial impacts between…
Max Keiser: BRICS Will Leverage Gold Stablecoin to Counter Dollar Hegemony
Max Keiser stated that BRICS, driven by China, Russia, and India, will push the adoption of a gold-backed stablecoin to fight a hegemonic U.S. dollar stablecoin. The former will have…
Peter Schiff Warns of ‘Parasitic Relationship’ Threatening Dollar Value and Painful Economic Transition
In a recent social media post, economist Peter Schiff critiques the Trump administration’s characterization of the U.S. as the “world’s best customer,” arguing that this perspective misrepresents the global economic…
Trump’s Policies Threaten US Dollar Dominance, Warns Economics Professor
In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar,…
Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns
A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang…
Digital Dollar Project Remarks Modernization Is Necessary to Preserve Dollar’s Status
The Digital Dollar Project, which focuses on investigation leading to the future-proofing of the dollar, states that while the U.S. currency is still peerless, it is moving on the wheels…
Tanzanian Shilling’s 8.9% YTD Drop Earns It World’s Worst-Performing Currency Status
The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar…