US policies lead to dedolarization in progress

Sputnik International

Sputnik International

The de-dollarization of the global economy is already underway due to US policies, according to Senate candidate Diane Sare. The shift is driven by a lack of alternatives and could be reversed with rational government decisions. Sare emphasized the importance of fixed exchange rates to prevent currency speculation. Russian officials have also commented on the de-dollarization trend, with President Putin calling it a strategic mistake.

Sare believes that the US, Russia, and China could cooperate to reform the global economy if hostility and financial warfare were abandoned. She highlighted the consequences of seizing Russian assets, warning of increased mistrust and deterrence of business with the US. Sare’s insights offer a unique perspective on the evolving international economic landscape.