The Demise of Dollar Diplomacy?

The Demise of Dollar Diplomacy?
AP Photo/Evan Vucci, File

Pundits have been saying last rites for the dollar's global dominance since the 1960s – that is, for more than half a century now. But the pundits may finally be right, because the greenback's dominance has been sustained by geopolitical alliances that are now fraying badly.

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