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BCB132_LUKE GROMEN: Back To The Future with Neutral Reserve Assets

Blue Collar Bitcoin

CHAPTER

Dollarization, China, and the Transition to a Multipolar World

This chapter explores the impact of the dollarization of global commodity, China's role in the financialization of the United States, and the challenges of transitioning to a multipolar world. It discusses the nonlinear nature of the situation, the potential for a rapid escalation, and the limitations of the Eurozone and China in becoming dominant reserve currency issuers.

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