/biz/ - Business & Finance

>>55677857
That's the biggest surprise. The dollar isn't losing power to the euro or the yen or the yuan or some new brics currency, its just small countries deciding to trade with each other using their own instead of the dollar.

For example the ENTIRE ASEAN region dropped the dollar and is now using their own currencies with each other. And trading with India and China and others with their own currencies.

Which means they are all buying each others bonds essentially making QT for the dollar on a small but growing scale