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Breaking USD dominance is not easy as it has maintained that position for the past 100 years, but not impossible. Nothing lasts forever, the fact that many countries have eliminated the dollar in international trade in recent years is showing that the dollar is gradually losing its position.
Breaking USD dominance is not easy as it has maintained that position for the past 100 years, but not impossible. Nothing lasts forever, the fact that many countries have eliminated the dollar in international trade in recent years is showing that the dollar is gradually losing its position.
Tell me please - what is the value and essence of the goal of "breaking the dollar" ? What and why are you trying to achieve ? Any action always has a goal, and there is an understanding of the goal - the benefits or advantages of achieving it.
Or simplified:
What is wrong (specific examples, and arguments) when the dollar is strong and is the currency of the world economy.
What becomes good when someone, as you put it, "breaks the dominance of the dollar" ?
Oh, and one more thing - I'm pretty sure that "dollar domination" has a very good reason. Could you please explain more - what in your understanding would be the criteria for "domination" of another currency? And let's try to determine - who can take over this domination ? Believe me - we are waiting for a lot of interesting discoveries about the world economy !
