US Dollar Decline Accelerates as Economist Warns of Historic Shift in Global Finance
The US dollar’s decades-long dominance in global markets is eroding at an alarming pace, according to Harvard economist Kenneth Rogoff. His research indicates this decline began years ago, but the current acceleration suggests a fundamental restructuring of international finance. The greenback’s waning influence coincides with rising interest in alternative assets, including cryptocurrencies.
Rogoff characterizes this transition as a generational shift with profound implications. While the report doesn’t explicitly mention digital assets, the timing aligns with cryptocurrency’s growing adoption as a hedge against fiat currency volatility. Market observers note increased institutional interest in Bitcoin and stablecoins during periods of dollar weakness.
