US economist Barry Eichengreen on reality of de-dollarisation and next currency reshuffle

Barry Eichengreen, a leading American economist, is discussing the reality of de-dollarisation and the potential for a new currency reshuffle. De-dollarisation refers to a decline in the use of the US dollar as a global reserve currency, which could have significant implications for trade and the economy. This shift could lead to a reevaluation of the international monetary system, potentially benefiting countries that currently rely heavily on the dollar.

Why it matters

The US dollar has been the global reserve currency for decades, but some experts think its dominance may be coming to an end. A shift away from the dollar could have significant implications for international trade and finance.

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