The Structural cost of the Yuan’s dominance in the Global monetary system prevents China from becoming a Global leader April 9, 2026 Chinese President Xi Jinping’s ambition to turn the yuan into a global reserve currency, potentially displacing the dollar from its hegemonic position in the…
Central banks are geometrically increasing their purchases of gold and are abandoning the dollar May 8, 2025 Record gold purchases by central banks signal a major shift in the monetary order – a shift in foreign exchange reserves and significant cracks…
How is one global reserve currency replaced by another? October 17, 2024 Over the past century, monetary systems have changed about every 30-40 years on average, according to the evidence of monetary history. Today, the existing…
The Major risks to the future of the Dollar as a Global Reserve Currency August 29, 2024 On February 24, 2022, Russia’s invasion of Ukraine shocked the world, sparking one of the biggest conflicts in Europe since World War II. At…
US vs. China: Bitcoin will become the new global reserve currency August 8, 2024 In an era characterized by global economic instability and high political uncertainty, the idea of a new world order in the financial sector is…
Gold Overtakes Euro as Reserve – Next Currency is the Dollar June 13, 2024 There has been a large increase in the share of gold in central bank purchases since 2009 at the expense of fiat currencies. In…