De-dollarization is growing: Even the US Federal Reserve (reluctantly) admits it

Geopolitical Economy Report

24 jun 2024
Countries around the world are seeking alternatives to the US dollar. IMF economists say de-dollarization is "broad-based". The Federal Reserve reluctantly admits that it is happening. Ben Norton analyzes the latest research.

Topics
0:00 Examples of de-dollarization around the world
3:11 IMF paper on decline of dollar dominance
6:39 Dedollarization is "broad based", IMF says
8:07 Western sanctions lead central banks to de-dollarize
8:56 Gold: Why central banks are buying it up
12:37 US Federal Reserve acknowledges dedollarization
13:18 (Clip) Fed governor on de-dollarization "challenges"
14:28 Fed governor's speech on de-dollarization
15:38 Bitcoin & crypto are NOT an alternative to the dollar
17:29 CBDCs: China-led mBridge system challenges dollar hegemony
18:58 Fed governor discusses de-dollarization examples
20:21 Fed paper on de-dollarization
24:22 Outro