Explore how the Triffin Dilemma challenges countries that issue reserve currencies, balancing international demands with domestic monetary policies.
The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.
Foreign central banks now control $4.5 trillion. Could this reversal of monetary power reshape the world's financial order?
As the United States grapples with mounting fiscal pressures and an increasingly precarious debt trajectory, President Donald Trump’s systematic assault on Federal Reserve independence represents a ...
The dollar is the global reserve currency. This has long been called the “exorbitant privilege”. It’s considered a huge advantage for the U.S. that the dollar holds this status – or so the story goes.
Could America lose the global currency race? Understand the historical dominance of the U.S. dollar, the emerging threats from geopolitical shifts and digital currencies, and the profound implications ...
Given the concerns over tariffs and a potential global trade war, a growing number of investors have suggested that Bitcoin (CRYPTO: BTC) might eventually replace the U.S. dollar and become the global ...
Another influential left-wing news organization opined this week that the United States dollar is losing its global reserve currency status. The piece argued that the European Monetary Union will ...
Rain and Rainbows: Taiwan Celebrates Pride as Hong Kong’s LGBTQ Rights Stall China’s demand for gold as the global trade system undergoes fundamental changes hearkens back to a much earlier era, when ...
President Donald Trump signed the Genius Act, the first federal legislation in the U.S. regulating stablecoins, in July. Stablecoins could help the U.S. dollar stay the world's No. 1 reserve currency, ...
We should be concerned about this, not sounding an alarm bell,” he said. “But I do think over time, this is an issue.” ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The U.S. share of a leading index of global equities is now around 70 percent.