Why Reports of the US Dollar’s Death Have Been Greatly Exaggerated
Geopolitics Decanted by Silverado
00:00
The Impact of Bilateral Trade on the US Dollar
This chapter examines the influence of bilateral trade on the prominence of the US dollar as a dominant currency in international trade. It discusses the benefits and challenges of trading in local currencies, such as Brazil's trade with China in their own currency. The chapter also explores the potential threats to the US dollar from countries like China and the significance of secondary sanctions in shaping foreign policy decisions.
Transcript
Play full episode
