When Weaponizing the Dollar Backfires - How China Is Quietly Undermining U.S. Financial Hegemony
6 May 2025 5 minute read 2 comments Heath Muchena
“The United States is treating its currency like a weapon. But China is treating it like ammunition.” The United States has long benefitted from an unprecedented financial privilege: the U.S. dollar’s status as the world’s reserve currency. That pr...