10min chapter

The Trade Guys cover image

Defending the Dollar with Mark Sobel

The Trade Guys

CHAPTER

The US Dollar's Global Dominance

This chapter analyzes the enduring supremacy of the US dollar in international finance, focusing on its role as the primary currency for global transactions and central bank reserves. It also discusses emerging challengers, including the Chinese renminbi, and the impact of technology and financial sanctions on currency dynamics.

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