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It will take a lot for the dollar to die

28 March 2023

10:38 PM

28 March 2023

10:38 PM

The end of the dollar as the world’s reserve currency has been predicted so many times that it is tempting to nod along with Jay Powell, Federal Reserve chairman, who pronounced last week that there is no immediate threat. But with high inflation in the US and China cuddling up with Russia, is it something the world should be taking seriously?

If the dollar was dumped then it would have serious consequences for the global economy.

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