De-Dollarization: Major International Bank Joins Chinese Payment...

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2024-10-27 13:23:23 -

https://headlineusa.com/de-dollarization-major-international-bank-joins-chinese-payment-global-system/

HEADLINEUSA.COM

De-Dollarization: Major International Bank Joins Chinese Payment Global System | Headline USA

A de-dollarization of the world economy would cause a dollar glut. The value of the U.S. currency would further depreciate. At the extreme, global de-dollarization could spark a currency crisis. You and I would feel the impact through more price inflation eating away at the purchasing power of the dollar. In the worst-case scenario, it could lead to hyperinflation.

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