Reform of the International Monetary System – When Will There Be a Real Alternative to the USD?

The emerging countries are waiting more than ever for the emergence of a sufficiently credible competitor to the American dollar.

This is an idea that has been around for several years and is now resurfacing, thanks to the war in Ukraine and Sino-American tensions. With the rise in power of emerging countries and Southeast Asia, it is time to reform the international monetary and financial system, which relies almost exclusively on the US dollar. It is the only global store of val…