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The End of Dollar Hegemony? — Philip Pilkington

Summary:
Philip Pilkington is MMT-conversant.In my view, this is not the end of dollar hegemony but the beginning of the end. As Philip Pilkington points out, countries are now forced to reconsider the dollar as a safe asset. It is unlikely to happen overnight, but it's on.American Affairs (one free article a month for non-subscibers)The End of Dollar Hegemony?Philip Pilkington https://americanaffairsjournal.org/2022/03/the-end-of-dollar-hegemony/

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Philip Pilkington is MMT-conversant.

In my view, this is not the end of dollar hegemony but the beginning of the end. As Philip Pilkington points out, countries are now forced to reconsider the dollar as a safe asset. It is unlikely to happen overnight, but it's on.

American Affairs (one free article a month for non-subscibers)
The End of Dollar Hegemony?
Philip Pilkington
https://americanaffairsjournal.org/2022/03/the-end-of-dollar-hegemony/

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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