Biden's Big Gamble: How He Gambled Our Commercial Crown Jewel, And Lost

Joe Biden put all that on the line when he announced that the international trade and commerce (SWIFT) standard would be subject to US approval. No longer impartial and objective, SWIFT was to be subject to American control. It was a pure power play, one that Biden lost. And with it, Biden lost America's Commercial Crown Jewel: the US Dollar's Status as the World's Reserve Currency.