37 sats \ 1 reply \ @Cje95 22 May \ on: The Start Of De-Dollarization: China’s Gradual Move Away From The USD 💸 econ
Given the huge spike in trade with Russia this isn’t surprising. Russia can’t access the dollar but the RMB’s value is well rough to say the least with the swings that it has had.
I don't see any competing fiat displacing the dollar, but all of these things are part of the 10k cuts that will ultimately kill the dollar.
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