See the Full Picture.
Published loading...Updated

Era of U.S. dollar may be winding down— Harvard Gazette

  • Kenneth Rogoff, a professor of economics, stated in his 2025 book that the era of U.S. Dollar dominance is waning but still intact.
  • This decline results from emerging challengers, rising U.S. Debt, and policies under President Trump accelerating the dollar's reduced status.
  • The dollar remains the global leader but will lose market share to the euro, yuan, and cryptocurrencies in both legal and underground economies.
  • Rogoff argued that the U.S. Dollar is likely to decline somewhat in status, signaling a gradual but notable change.
  • This reduced dominance could increase U.S. Interest rates, weaken sanctions' effectiveness, and mark the start of the end for the petro dollar system.
Insights by Ground AI
Does this summary seem wrong?

17 Articles

All
Left
1
Center
1
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Harvard University broke the news in Harvard, United States on Friday, May 9, 2025.
Sources are mostly out of (0)