Dollar could plausibly lose its global dominance
Trump’s questioning of the Fed has placed a question mark over the global status of the dollar
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In this article
- Federal Reserve Act
- Seize the reserves
- One option
- A second option
- Frozen balances
- US dollar
- Numeraire currency
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This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.