De-dollarization is about more than currencies: As dollar system declines, what comes next?
Geopolitical Economy Report
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The Internationalization of the Yuan
In the near future, we will witness internationalization of the yuan for sure and maybe some other currencies as well. But if you're going to keep to the sorts of principles that underlay Keynes is ingenious proposals, then you will not see the yuan being internationalized in them on the model of the dollar. In fact, you will be seeing these other arrangements and key, another very important principle of this for Keynes, I think it was practically sacrosanct, was the institution of capital controls.
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