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Threats to the Hegemony of the Dollar*
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May 1st 2023, Prabhat Patnaik
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Janet
Yellen, the US treasury secretary, has finally acknowledged
what has been obvious to most people for quite some
time, namely that the imposition of sanctions against
countries that the US is hostile to, runs the risk of
jeopardising the hegemony of the dollar as the world’s
reserve currency.
*
This article was originally published in the Peoples
Democracy on
April 30, 2023.
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