Dollar demand for trade, FX reserves and cross-border credit has remained weak despite lower prices, underscoring that the US currency’s hegemony has peaked.
Poster Comment:
SEE CHART.
Ron Paul said when America went off the gold standard we went on the US military standard. We bomb your country if you do not sell oil in dollars and buy soon to be worthless US Treasury bonds." Now the US Navy is using drag queens to recruit sailors. The US military is dying.