Many of us here have been recently speculating on the medium-term (and on-going) political economic pivot away from the USA (in part prompted by the actions of the Court of the Tangerine Tyrant).

This, implicitly also included a decline in importance of the US dollar as the world's reserve currency.... but, looking at 'eurodollars' - dollars created off-shore by non-US banks' credit creation operations - what we see is little sign of a decline... (as yet) interesting?

#economics #currencies