The dollar’s dominance in the global financial system has given the United States tremendous financial and geopolitical power at the expense of its competitors and even its allies. The dollar’s dominance in the global financial system has given the United States tremendous financial and geopolitical power at the expense of its competitors and even its allies. The uncomfortable reality for other countries is that dollar dominance makes it difficult to bypass dollar-based financial systems by pegging them into currencies and subjecting them to US sanctions. It makes no sense that Europe pays 80% of its energy import bill – worth €300 billion per year – in US dollars when only about 2% of our energy imports come from the US. It doesn’t make sense that European companies should buy European planes in dollars, not euros.Therefore, before the end of the year, KPPU will present an initiative to strengthen the international role of the euro. The euro must be the face and instrument of a new,
Źródło: https://tokeneo.com/is-the-dollar-value-decreasing-what-is-happening/
