The Dollar Is Losing Credibility; So What?
Contrarians have been talking about the threat of weaponizing the dollar in 2018 and the potential blowback, long before Russia invaded Ukraine. Back then, people mostly blew me off, assuring…
Dollar Weakens as Markets Reprice US Political Risk
For decades, US dollar dominance rested on a simple but profound foundation. Predictable institutions made the dollar stable, on the belief — sometimes overstated — that the United States would…
From Dollar Dominance to Hyperinflation
America’s on the edge of a debt crisis. Will the dollar save us? Or will the mighty dollar make it worse? Last week, the Wall Street Journal warned “All that…
Make the Dollar Great Again
World history is littered with the corpses of collapsed, dead, and obsolete currencies. The U.S. dollar eventually could be among them without a major monetary reset. From the Roman denarius…
