French columnist Renaud Girard said that the US has plunged itself into a situation where the world is inevitably moving towards dedollarization. He announced this in a newspaper article. Le Figaro.
“Making their currency a tool of political pressure on other countries, Americans unwittingly started a global movement to overthrow the dollar king,” the article states.
Girard believes that countries’ rejection of the dollar is explained by the fact that the United States uses the currency as a means of pressure on other participants in international relations.
The previous day, Global Times reported that many countries started to escape They turned away from the US dollar as they saw that the sanctions against Russia had blocked their dollar holdings abroad.
On March 17, the Speaker of the State Duma Vyacheslav Volodin declared that the crisis in the banking system of the United States affected Those who trust the American system the most. He added that to avoid a crisis, states must release the dollar.
Prior to that, entrepreneur and billionaire Elon Musk said a number of countries made decisions. to reject With the dollar as the reserve currency, this decision was provoked by the harsh policy of the United States.