Global reset – Monetary decoupling (Part 6: The forthcoming currency war) Phuah Eng Chye (28 August 2021) In the US-China confrontation, one of the developing battlefields is in currency. No other currency, perhaps gold is the closest, has been able to match the universal acceptance achieved by the USD. But is the era of USD … “Global reset – Monetary decoupling (Part 6: The forthcoming currency war)”
Month: August 2021
Global reset – Monetary decoupling (Part 5: The end of USD supremacy – Will it be different this time?)
Global reset – Monetary decoupling (Part 5: The end of USD supremacy – Will it be different this time?) Phuah Eng Chye (14 August 2021) Currency dominance is one of the factors reinforcing global power. In the previous century, the US ascendency to global power was paralleled by the rise of the greenback displacing sterling. … “Global reset – Monetary decoupling (Part 5: The end of USD supremacy – Will it be different this time?)”