Crypto will play a role in Trump’s plan to end 80 years of dollar dominance – DL News
Wolfgang Münchau is a columnist for DL News. He is co-founder and director of Eurointelligence, and writes a column on European affairs for the New Statesman. Opinions are his own.
- The Mar-a-Lago Accord is an ambitious plan to de-dollarise the global monetary system.
- Will it work? It’s a risky bet.
- Crypto has a role to play, especially in Europe.
The most ambitious part of the Trump agenda is the wish to upend the global financial and monetary order. Do not listen to the economists on this. They hate it – which is ok – but they also predict that it won’t happen.
They made similar misjudgements about crypto. I think the two cognitive errors of wishful thinking are part of the same misjudgement.
After 80 years of a dollar-centric…
