Obviously, there has been much talk about replacing the dollar as the preferred medium of international exchange. Countries around the world, countries like Brazil and Saudi Arabia have started doing business in Chinese currency. On the other hand, many serious thinkers have dismissed the notion, in part because there is no viable alternative.
Dedollarization
Dedollarization
Dedollarization
Obviously, there has been much talk about replacing the dollar as the preferred medium of international exchange. Countries around the world, countries like Brazil and Saudi Arabia have started doing business in Chinese currency. On the other hand, many serious thinkers have dismissed the notion, in part because there is no viable alternative.