Two for the Price of One: De-dollarise and Reduce American Hegemony

Uprootedpalestinians's Blog

Two for the Price of One: De-dollarise and Reduce American Hegemony

As America’s influence in the world slowly declines, the de-dollarisation that goes along with it will benefit Russia and the rest of the world

Russia has made no secret of the fact that it would like to see the rouble more widely used, and a reduction in the use of US dollars.

Putin and Medvedev have many times referred to a desire to see the rouble as a reserve currency. In order for this to become more of a reality, Moscow needs to continue its development as a regional financial hub.

The managed decline of American hegemony via economics needs to be continued carefully to avoid a war. Thankfully, bankrupt America doesn’t have the capability to effectively win a large war any more. What we see is the lower-cost route of regime changes, funded coup d’états and constant meddling abroad.

The world needs to think…

View original post 820 more words

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