The Paradox of the US Dollar: Global Dependence and the Impact of Political Leadership

In a world that talks about moving away from a unipolar order, a paradox emerges: countries and individuals, despite their reservations towards the United States, prefer to stash their wealth in US dollars and dream of becoming US citizens. This article delves into this contradiction, examining the reasons behind the global reliance on the US dollar and the potential influence of political leadership. While the current presidency of Joe Biden faces criticism, the possibility of a Republican succ...