Whether the dollar will go down in a financial crash or with a whimper of inflation, the dollar as a world currency has seen better days. Why?
“Frequent crises, persistent trade and current account imbalances, elevated and rising public debt levels, and destabilizing volatility of capital flows and exchange rates”. The BRICS New Development Bank is moving to replace the IMF and the World Bank with Multipolar currencies.
~ Quote from Radhika Desai in Frontline
