Lethal weapon: The impending death of the US dollar has been greatly exaggerated - Sydney Morning Herald

The power of the US dollar has been on full display with the savage sanctions on Russia and has led to speculation that countries will move away from the greenback to protect themselves. That’s easier said than done.

It is currently discussing with Saudi Arabia the use of the yuan for purchases of oil a commodity priced, liked almost all traded commodities, in US dollars. Despite its best efforts, which include … [+5042 chars]

full article...