“We are living in economic chaos. Banks, homes, jobs, and businesses are at risk.
Yet curiously, the one thing that seems stable is the dollar.
It is a symbol – and a lever – of American power and leadership. It is the standard unit of account for much of the world’s economic activity. And in times of crisis, it has often seemed a safe haven.
But in the longer term, some experts believe this crisis could mark a turning point in the dollar’s fortunes, hastening a fall from power which has seen its value decline over several years before its recent rally.”
