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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: bull_dozer who wrote (195508)1/23/2023 9:31:50 PM
From: bull_dozer1 Recommendation  Read Replies (1) of 217573
 
Great power conflict puts the dollar’s exorbitant privilege under threat

The monetary order is already being challenged by de-dollarisation efforts and central bank digital currencies

ZOLTAN POZSAR

The writer is the global head of short-term interest rate strategy at Credit Suisse

Since the end of the cold war, the world has largely enjoyed a unipolar era — the US was the undisputed hegemon, globalisation was the economic order and the dollar was the currency of choice. But today, geopolitics once again poses a formidable set of challenges to the existing world order. That means investors have to discount new risks.

ft.com
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