Erin Lockwood

THE WRITER IS ASSISTANT PROFESSOR OF POLITICAL SCIENCE AT THE UNIVERSITY OF CALIFORNIA, IRVINE

The US dollar is unique among global currencies in that its value is driven not just by supply and demand, but also by its structural power.

Will ‘Sell America’ end the dollar’s hegemony?

State and market-led pressure to de-dollarise could become mutually reinforcing, accelerating the erosion of the greenback dominance