A common argument about the US dollar is that the United States benefits from the global use of the dollar. In reality, most people believe this statement to be true but cannot provide a solid reason—except to mention sanctions and other coercive measures. But look at the world's fastest-growing economies; their stories are entirely different. The rise of these economies does not rely on dollar hegemony to drive growth.
The logic behind this is worth pondering: how significant are the advantages of the dollar in international trade? If it's about sanctions tools, then consider this from a different perspective—this actually highlights the dollar's fragility, not true economic strength. The most dynamic economic growth points worldwide have long been exploring decentralized asset allocation methods.
This is also why more and more economies are beginning to consider alternatives. The story of the dollar is being redefined.
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CommunityLurker
· 20h ago
Sanctions tools are well said; this is the true portrayal of the US dollar.
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BuyHighSellLow
· 20h ago
Basically, it's just that the dollar is doomed. I'm already tired of this narrative.
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BlockBargainHunter
· 20h ago
The rhetoric of dollar dominance is indeed untenable; sanctions have instead exposed its weakness.
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HashBard
· 20h ago
ngl the whole "usd hegemony = infinite yield" narrative always felt like cope... like we're just repeating a story nobody actually fact-checked anymore, u know?
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MetadataExplorer
· 21h ago
The narrative of dollar dominance should have been discredited long ago. Frankly, it's just relying on sanctions to survive. What advantage does that even have?
A common argument about the US dollar is that the United States benefits from the global use of the dollar. In reality, most people believe this statement to be true but cannot provide a solid reason—except to mention sanctions and other coercive measures. But look at the world's fastest-growing economies; their stories are entirely different. The rise of these economies does not rely on dollar hegemony to drive growth.
The logic behind this is worth pondering: how significant are the advantages of the dollar in international trade? If it's about sanctions tools, then consider this from a different perspective—this actually highlights the dollar's fragility, not true economic strength. The most dynamic economic growth points worldwide have long been exploring decentralized asset allocation methods.
This is also why more and more economies are beginning to consider alternatives. The story of the dollar is being redefined.