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Can the Chinese YUAN win the WAR against the DOLLAR? [And one more alternative]
Posted
May 24, 2023
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May 24, 2023
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The offensive against the dominance of the dollar has begun. The dollar has been the basis of the world's financial and trading system since at least the Bretton Woods agreements in 1944. That's been almost eight decades now, and guess what? Now the urgency to overcome the dominance of the dollar seems increasingly evident among dictatorships and emerging economies.
The question is: to what extent is the hegemony of the dollar in danger? Will the Yuan be its new alternative? Is there any currency that could potentially rattle the financial foundations of Uncle Sam? What consequences could this campaign have? Well, in this new VisualPolitik video we answer all these questions.
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