Welcome to the age of the Profit Dollar

De-dollarization: Analyzing the Shift Away from US Dollar Dominance in Global Markets

The article examines de-dollarization - the process of reducing reliance on the US dollar in global trade and finance. It explores how this

New data reveals major shift in how central banks hold foreign exchange reserves since the 1990s

This article examines a largely overlooked aspect of foreign exchange reserves: the distinction between reserves held as deposits versus sec

Analysis: US Stock Market Recovery Since 2009 Driven by Dollar Debasement, Not Economic Strength

The article argues that while US stocks have recovered in dollar terms since the 2009 bottom, this apparent recovery is largely due to Feder

I called this back in April in my article: The End of the Petrodollar Era—And the Rise of the Digital Dollar In the petrodollar system: the world needs oil → buys dollars → Gulf states accumulate surp

Leverage in the financial system, revisited

US Dollar Share of Global Central Bank Reserves Falls to Lowest Level Since 1994

The US dollar's share of global foreign exchange reserves held by central banks has dropped to 56.9% in Q3, the lowest level since 1994, acc