The Dollar’s Fragility Is No Longer Hidden The petrodollar has been the linchpin of American global power — forcing nations to buy US Treasuries, recycle dollar surpluses, and indirectly fund endless military engagements. Attempts to break from this system have historically been met with sanctions, asset freezes, or outright regime-destabilization. But the mechanism is now straining under its own contradictions: according to IMF data, the US dollar’s share of global foreign-exchange reserves has fallen below 40%, the lowest level in over two decades, while central banks aggressively accumulate gold instead of Treasuries. These are not symbolic shifts — they are structural signals that dollar hegemony is unraveling as confidence erodes in a system increasingly used as a weapon rather than…
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