As global markets become more unpredictable, economists and policymakers are raising alarm over an imminent “confidence crisis” regarding the US dollar – one of the world’s primary reserve currencies. Recent changes in global economic dynamics, including persistent inflation, rising US debt levels, and geopolitical tensions have caused much debate about the long-term viability of the dollar. Though it remains dominant for international trade and finance transactions, evidence of its eroding trust may already be evident. “Losing faith in the US dollar would have serious repercussions for both America and global finance,” according to Laura Medina, chief economist of Global FX...
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