Economist Warns the Demise of US Dollar Hegemony Is ‘Really Upon Us’
Economist Stephanie Pomboy has warned that the “demise of the U.S. hegemony is really upon us,” emphasizing that the Biden administration and many U.S. policymakers in Washington “are just sleeping right through it.” She pointed out that a growing number of nations are reducing their reliance on the U.S. dollar and opting to use local currencies in international trade. ‘The Demise of the US Hegemony Is Really Upon Us’ Economist Stephanie Pomboy discussed the future of the U.S. dollar in an interview with Tucker Carlson last week. Pomboy is a financial analyst, market strategist, and economist, who founded Macromavens, a research firm specializing in emerging global economic trends. Before launching her firm, she worked as a managing director at an independent economic research firm ISI Group from 1991 to 2002. “Here, in the U.S., policymakers still have their blinders on, and they imagine that the U.S. dollar will never be challenged as the world’s reserve currency, and that we can