dollar system
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The Dollar System and the End of Fiat Global Monetary Order
The Decline of Fiat Credibility and End of Monetary Universality in a Fragmenting Global Economy What is unfolding within the international monetary and financial system is more accurately described as de-fiatisation rather than de-dollarisation, because the structural erosion concerns confidence in state issued credit money rather than exclusive rejection of the United States dollar. Benjamin Continue reading
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Power Without Restraint in Defence of Dollar Primacy
Resource control, dollar primacy, and the costs of discarding realism The recent pattern of United States behaviour towards Venezuela, Cuba, Colombia, Iran, and even Greenland reflects a continuity in coercive statecraft rooted in resource control, financial dominance, and regime pressure rather than isolated rhetorical excess. The kidnapping of Venezuelan President Nicolás Maduro, described in United Continue reading
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The balance of power shifts as Asia consolidates economic dominance
Shifting great power relations, Asia’s strategic choices could reset the global order next year Asia approaches 2026 holding decisive economic and political weight that no previous period has combined so fully. Purchasing power parity data from the International Monetary Fund places Asia at roughly half of global output, while the United States accounts for about Continue reading
