The hottest De-dollarization Substack posts right now

The BRICS New Development Bank is moving away from the US dollar and intends to provide 30% of loans in local currencies to member countries.
The initiative to de-dollarize loans is seen as a step towards helping member countries avoid exchange rate risks and finance shortages that can hinder long-term investments.
There is a push within BRICS, led by figures like Dilma Rousseff and Lula da Silva, to challenge US dollar dominance in global financial transactions and promote fairer systems of monetary exchange.

Countries like China, Russia, and Brazil are moving away from using the US dollar in trade deals.
Southeast Asian nations are also shifting towards local currency payments in trade, reducing dependence on the US Dollar.
Global financial newspapers are recognizing the trend towards a more diverse, multipolar currency world as an alternative to the dominance of the US dollar.

Inflation is driven by a shift to financialized capitalism, where assets are inflated while wages and consumer spending are squeezed.
Central banks like the Federal Reserve prioritize the interests of the financial sector over addressing inflation or promoting productive growth.
The current inflationary environment is rooted in financial bubbles, debt creation, and the failure to address the structural imbalances in the economy.

Russia's central bank is shifting from the US dollar to Chinese yuan to counter Western sanctions, with yuan's share of trading in Moscow rapidly increasing.
Geopolitical tensions and economic conflicts are prompting countries like Russia, China, and Iran to de-dollarize and diversify their foreign reserves from the US dollar.
The International Monetary Fund (IMF) warns of a decline in US dollar dominance, as the use of Chinese yuan in global central bank reserves rises and Western sanctions spur shifts to alternative currencies.

China is increasing its gold reserves and signing yuan currency swap deals with countries like Argentina to counter US dollar dominance and promote the use of the renminbi.
Central banks worldwide are diversifying their reserves away from the US dollar, with increased interest in investing in the renminbi to move towards a multipolar currency system.
Argentina is strengthening ties with China through currency swap deals, enhancing economic integration with Brazil, and exploring the creation of a sovereign Latin American currency for regional trade.

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BRICS countries are planning to introduce a gold-backed reserve currency, challenging the US dollar's dominance.
The move could lead to a devaluation of fiat currencies and pose a shock to the global fiat money system.
This announcement is part of a larger plan to de-dollarize and shift away from the US dollar as the world's global reserve currency.