IN-DEPTH: Dangerous Global Shift From Dollar Driven by CCP and US Policy, Experts Say

Experts warn that the CCP and US policymakers are undermining the US dollar’s global reserve status, with potentially catastrophic implications for Americans

A Chinese bank employee counts US dollar bills at a bank counter in Nantong, Jiangsu Province, China, on Aug. 6, 2019. STR/AFP via Getty Images

The trend away from the U.S. dollar in global trade and finance is accelerating rapidly as inflation persists, government debt levels explode, and the Chinese Communist Party (CCP) roams the planet negotiating deals in other currencies.

The economic and political implications of the dollar’s possible loss of its prized status as the global reserve currency are hard to overstate, according to experts.