Losing dollar dominance would be less important than avoiding catastrophic events like a full-scale war with China, and policy makers should not prioritize dollar dominance over preventing such catastrophes.
normativepending
Speaker
Paul BluesteinEvidence Quote
“dollar dominance is important but it's not nearly as important as avoiding these dire scenarios...the first and second world wars were a lot more important and horrible than losing the dominance of the pound”
Source
Will the U.S. Dollar Survive the Breakdown of the International System? | Paul Blustein— Hidden ForcesCreated: 8/11/2026, 7:11:47 AM
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