![](https://i0.wp.com/greatgameindia.com/wp-content/uploads/2023/04/VCXS22UNCBJXHKJWIKUARV5ZIM-scaled.jpg?fit=300%2C185&ssl=1)
De-Dollarization: Countries Seeking Alternatives To The US Dollar
The graphics below show the timeline of de-dollarization and the countries seeking alternatives to the US dollar.
The graphics below show the timeline of de-dollarization and the countries seeking alternatives to the US dollar.
If the dollar falls, it will be catastrophic for the American people on whose backs 80 years of reserve status were built. It will also subject billions of foreigners, for whom the dollar has meant decades of being bullied, to history’s greatest bait and switch.
Treasury Secretary Janet Yellen warned in a quote to CNN that the US dollar may lose its dominance if nations are sanctioned.
During a press conference at the official start of the World Bank and IMF’s spring meetings, IMF Chief Kristalina Georgieva warned against a ‘Second Cold War’ amid the challenge to the USD by BRICS and trade tensions between China and the US.
As a way of breaking US dollar hegemony, BRICS countries have started pushing for greater Bitcoin adoption.
To make this site work properly, we sometimes place small data files called cookies on your device. Most big websites do this too.