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The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance
Why the dollar isand will remainthe dominant global currency The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 20082009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollars looming displacement as the main reserve currency. Yet, as Read more