US Dollar Status as Dominant “Global Reserve Currency” amid Reckless QE & Government Deficits by Wolf Richter • Sep 30, 2021 • 123 Comments The decline of Dollar Hegemony. But other options are also shaky.
The Dollar’s Declining Status as Dominant “Global Reserve Currency” v. the Dollar’s Exchange Rate by Wolf Richter • Jul 5, 2021 • 208 Comments Nothing Goes to Heck in a Straight line, not even the dollar’s hegemony.
US Dollar’s Status as Dominant “Global Reserve Currency” Drops to 25-Year Low by Wolf Richter • Mar 31, 2021 • 183 Comments Central banks getting nervous about the Fed’s drunken Money Printing and the US Government’s gigantic debt? But still leery of the Chinese renminbi.
Paper Dollars in Circulation Globally Spike amid Hot Demand. But a Mexican Bank, after Run-ins with the US, Can No Longer Unload its Hoard of Paper Dollars by Wolf Richter • Jan 1, 2021 • 241 Comments Triggering a showdown — Government of Mexico v. Central Bank — over paper dollars, with ramifications in the US and globally.
US Dollar as “Global Reserve Currency” amid Fed’s QE and US Government Deficits: Dollar Hegemony in Decline by Wolf Richter • Dec 31, 2020 • 299 Comments Other options also shaky. Central banks leery of Chinese RMB, its share still irrelevant. Euro’s share is stuck. But the yen’s share has been rising.
“Monetizing Privacy”: The Fed Fans Out, Touting the “Digital Dollar.” This Time, How Consumers Would Benefit by Wolf Richter • Nov 23, 2020 • 200 Comments But the problemita of pulling the rug out from under the entire banking system still needs to be addressed.
What’s Behind the Fed’s Project to Send Free Money to People Directly? by Wolf Richter • Oct 2, 2020 • 225 Comments A lump-sum payment in digital dollars for all Americans during a recession or to raise inflation, as an alternative to QE and negative interest rates, which have failed (transcript of my podcast).
How Has the US Dollar Held Up as “Global Reserve Currency” During Q2 Turmoil? by Wolf Richter • Sep 29, 2020 • 94 Comments Declining Hegemony. But still Hegemony.
Turkey’s 2nd Financial & Currency Crisis in 2 Years Blossoms. Heavily Invested European Banks Look for Exit. But Not the Most Exposed Bank by Nick Corbishley • Aug 15, 2020 • 41 Comments Big Gamble that was hot for years has gone sour after Turkish lira’s plunge and surge of defaults on bank debts denominated in foreign currency.
Don’t Try This at Home? 60%-80% of Retail Traders, Depending on Broker, Lost Money Trading Forex CFDs by Wolf Richter • Jul 28, 2020 • 67 Comments An even greater share of retail traders lost money with these highly leveraged derivative contracts during the Pandemic than before.
