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 Powell Hints at September Rate Reduction if Inflation Eases READ MORE Gold Poised for Stellar Rise Amid Central Bank Buying and Fed Rate Cuts READ MORE Gold and Silver Reach Two-Week High READ MORE Gold Prices Dip as Middle East Conflict Cools, Market Eyes Upcoming U.S. Economic Indicators READ MORE Yuan Undercuts Dollar: A Shift in Global Currency Dynamics READ MORE Add a Comment Cancel replyYour email address will not be published.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