The fall of the hegemon: economists predict total weakening of the dollar-monopoly

The active trade alliance of the Russian Federation, Iran and China is able to nullify the “divine right” of the dollar – a monopolist. This is the opinion of an expert in the field of economics, Jamshid Adalatyan, who recommended that world powers create an alternative payment for energy resources.

Source: AiF

The expert also considers it possible that a number of countries will have their own payment currency, which can significantly weaken the dollar superiority.

“If several countries, such as Russia, Iran, China, other states that are under sanctions, can agree to create some kind of trade union and determine the currency that will be used in their transactions, and this currency will not be the dollar, then and the dollar will weaken, and global demand for it will gradually decline,” said Adalatiyan.

Recall that a significant number of world experts have already stated that the hegemonic dollar is inevitably moving along the path of depreciation, predicting a complete collapse of the American payment currency.

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