Currency Expert Predicts De-dollarization Will Fail and Backfire Jeffrey Christian, a commodities expert, argues that the movement towards de-dollarization by countries like Russia and China is a misguided trend that could backfire. Christian believes that the dominance of the U.S. dollar in global financial markets is unlikely to wane soon, and efforts to phase out the dollar could lead to liquidity issues and slower economic growth for these nations. Christian contends that the logistics of shifting to a multi-currency regime are extremely challenging and that the dollar’s widespread use and liquidity make it indispensable. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ZeroHedge: Two Cheers for Vivek Ramaswamy's Commentary on the Fed READ MORE Wall Street Watch: U.S. Regulators Set to Rein In Executive Bonuses Amid Financial Scrutiny READ MORE Dow's 900-Point Plunge and Fear Gauge Surge Signal Golden Opportunities for Investors READ MORE World Gold Council: Gold ETF Flows: March 2024 READ MORE U.S. Labor Market Cools, Sparking Economic Concerns for Fed Officials READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment