I think this is partly correct. Probably more significant is the weaponizing of the USD in the economic aspect of hybrid warfare that the US is now carrying out against a number of countries a d sending a message that "you are either with us or against us" (ht G. W. Bush). Wars run two ways.Historically, gold has been the most secure reserve asset — the ultimate in safety, if one can protect one's gold holdings. Powerful nations are betting that they can do do in the event of loss of trust in the USD as "fair coin."RT‘In Gold We Trust’: Waning confidence in US sends world’s central banks on buying spree Darius ShahtahmasebiSee alsoZero HedgeIran Calls For 'Elimination' Of Dollar To Stop US 'Economic Terrorism' Tyler Durden
Topics:
Mike Norman considers the following as important: Dollar hegemony, economic warfare, Gold, hybrid warfare, USD
This could be interesting, too:
Matias Vernengo writes Challenges and Perspectives of International Monetary Policy
Matias Vernengo writes Dollar dominance and the international monetary hierarchy
Matias Vernengo writes Dollar Hegemony and Argentina
Matias Vernengo writes Dollar Hegemony, coming soon
I think this is partly correct. Probably more significant is the weaponizing of the USD in the economic aspect of hybrid warfare that the US is now carrying out against a number of countries a
d sending a message that "you are either with us or against us" (ht G. W. Bush). Wars run two ways.
Historically, gold has been the most secure reserve asset — the ultimate in safety, if one can protect one's gold holdings. Powerful nations are betting that they can do do in the event of loss of trust in the USD as "fair coin."
RT
‘In Gold We Trust’: Waning confidence in US sends world’s central banks on buying spree
See also
Zero Hedge
Iran Calls For 'Elimination' Of Dollar To Stop US 'Economic Terrorism'