Can America Survive Global De-Dollarization?

10/04/2024 Daniel Kowalski

“Money does not grow on trees” is an old expression of wisdom that seems to have been disregarded by 21st century American policymakers. People all over the world and throughout time base their decisions primarily through lived experience. The US dollar became the world’s reserve currency in the aftermath of World War II, which is now almost eighty years ago. There is virtually no one in power at the American government or in leading institutions who has a living memory from before that period.

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https://mises.org/mises-wire/can-america-survive-global-de-dollarization?