Why America's Enemies Can't Dump the Dollar (yet)

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Global de-dollarization is the world right now going through this process of dumping the dollar or not? You would think this would be a straightforward question to be able to answer.

Yet at the exact same time, we can find data that contradicts all of this with the share of dollars in international transactions unchanged since the eighties, and the dollar index unchanged since the seventies.

Both the percentage and the number of dollars in foreign holdings both grew over time. So, is the world dollar rising or not?

Timecodes
0:00 Is De dollarization Really Happening
1:12 International Trade vs. Reserve Currency
4:42 The Dollar as an International Trade Currency
5:28 The Dollar as a Reserve Currency
5:51 Erosion of the Dollar as a Reserve Currency
7:38 Why hasn't the Dollar Been Dumped?
9:04 The Importance of the Dollar in Global Trade and Finance

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#DeDollarization #Economics #CentralBanks