De-Dollarization: China Wants Yuan to Supplant the Dollar

2 months ago
12

As the de-dollarization movement plows forward, reports say China plans to establish the Yuan as the global standard reserve currency. While many argue the dollar is ripe for takeover, how serious and feasible is the Yuan's potential to take the lead position? Dean Heskin and Chris Agelastos explore China's strategy, why it could be positioning itself for such a move, and how it could affect the U.S. economy on the Secret War on Cash.

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Articles referred to in this podcast
The Rise of the Chinese Yuan: 3 Signs It’s Gunning for Reserve Status
https://watcher.guru/news/the-rise-of-the-chinese-yuan-3-signs-its-gunning-for-reserve-status
Silver Extends Surge to Almost 14-Year High on Tight Market
https://finance.yahoo.com/news/gold-gains-trump-doubles-down-232456478.html

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