De-Dollarization and Gold Reserves – Shifts in Global Economy
Introduction For decades, the U.S. dollar has been the backbone of the global financial system. Most countries held their foreign reserves in dollars, and international trade relied heavily on it. But in recent years, a new trend has emerged: de-dollarization. Nations are actively reducing their dependence on the dollar and turning to gold as a trusted reserve. This shift is not just economic—it is deeply political. Trade wars, sanctions, and currency volatility have all played...
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