Plausible scenarios exist for the US dollar to lose its status as the world reserve currency
Plausible economic and geopolitical scenarios exist for the erosion of the US dollar's reserve currency status, driven by shifting global power dynamics and de-dollarization pressures.
The retrieved literature includes specific academic studies and macroeconomic network models (e.g., Paper [11] and Paper [4]) demonstrating that the erosion of US dollar dominance and the rise of alternative reserve currency pathways are plausible, contestable, and actively studied economic phenomena. The claim is well-supported by the evidence provided.
Kim K, Kim h, Song CY. 팬데믹과 전쟁 이후 국제경제질서 변화와 대응 (Changes in the International Economic Order in the Post-pandemic and War Era and Challenges for Korea). 2023. https://doi.org/10.2139/ssrn.4521302
Paper [4] discusses how changes in the international economic order and declining US hegemony create fundamental pressures that challenge traditional US dominance.
See more details
Taskinsoy J. Diminishing American Power: The US - China Trade War, Sanctions, and Coronavirus. 2020. https://doi.org/10.2139/ssrn.3677841
Paper [8] highlights global pressures, trade conflicts, and rising alternatives that threaten the US dollar's exorbitant privilege.
Ahan Mazumdar. Currency Network Dynamics & the Erosion of Dollar Hegemony: De-dollarization and the Future of Global Reserve Currencies. 2026. https://doi.org/10.2139/ssrn.6683558
Paper [11] explicitly models the mechanisms of de-dollarization and identifies network-based pathways and tipping points through which the US dollar's reserve currency status could erode.
The paper trail · every fact has a biography
Challenge the receipt
Citation formatting by citeproc-js (Frank Bennett) and the Citation Style Language project. Source and licenses.
Terms · Privacy · How verdicts work · Dispute this receipt