– #A brief Curriculum Vitae on the Dollar –
As an economic bloc, the European Union is the only challenger to the USA's economic position, and it created the euro to challenge the dollar in international markets. However, the EU is not yet united behind the euro -- there is a lot of jingoistic national politics involved, not least in Britain -- and in any case, so long as nations throughout the world must hoard dollars to buy oil, the euro can make only very limited inroads into the dollar's dominance. In 1999, Iraq, with the world's second largest oil reserves, switched to trading its oil in euros. American analysts fell about laughing; Iraq had just made a mistake that was going to beggar the nation. But two years on, alarm bells were sounding; the euro was rising against the dollar, Iraq had given itself a huge economic free kick by switching. (Global Policy Forum - Not Oil, But Dollars vs. Euros)
TO WHOM THE DOLLAR MAY CONCERN
# (2025) This Time Really Is Different For The Dollar, Writes Kenneth Rogoff (Economist.Com)
# (2025) Is The Dollar’s Global Dominance Coming To An End (Blominvestbank)
# (2025) A Strategy For Dollar Dominance (Atlanticcouncil)
# (2024) The End Of Dollar Hegemony - Myths And Prospects On De-Dollarization (Luiss.It)
# (2024) The Dollar's International Role (Bis.Org)
# (2024) Long Read - The Beginning Of The End For The Us Dollar’s Global Dominance (Lse.Ac.Uk)
# (2024) Challenges To The Us Dollar's Dominance As The Global Reserve Currency (Ssrn.Com)
# (2023) What Is Dollar Dominance (Currencytransfer.Com)
# (2023) What If The Us Dollar Loses Its Status As The World's Reserve Currency (Rolandberger.Com)
# (2023) The End Of Dollar Supremacy (Ips-Journal)
# (2023) Is The Us Dollar’s Dominance Under Threat (Scholar.Harvard.Edu)
# (2022) The Us Dollar’s Dominance Remains Virtually Unchallenged (Kfw.De)
# (2022) Geopolitics And The U.S. Dollars Future As A Reserve Currency (Federalreserve.Gov)
# (2020) Us Dollar Dominance - The Beginning Of The End (Oxfordmetrica.Com)
# (2019) Has The Dollar Lost Ground As The Dominant International Currency (Brookings.Edu)
RELATED GOODREADS
By the way, ‘s anyone aware of the Global Reserve Currency’s significance ... anyone, anyone?
Respectfully yours,
Cal Caleido
Frame of Reference
Cal's Annotations | * US Debt Ain't The Problem
[1] (2003) Not Oil, But Dollars Vs. Euros (Globalpolicy.Org) ––– related as follows: Gulf War (Wikiped) ––– | ––– (2003) New American Century? Iraq And The Hidden Euro-Dollar Wars (Resilience.Org) ––– (2003) Iraq And The Crisis Of The U.S. Imperium: Of Dollar Hegemony, Debt And The English Language On (Jstor.Org) ––– (2003) Was The Iraq War About The Dollar Vs The Euro (Workersliberty.Org) ––– (2004) The Invasion Of Iraq: Dollar Vs Euro Re-Denominating Iraqi Oil In U. S. Dollars, Instead Of The Euro (Thirdworldtraveler.Com) ––– (2009) War And Exchange Rate Valuation (Epsjournal.Org.Uk)
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