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Jeffrey Sachs, an economics professor at Columbia University in the US, recently said in an interview that as time goes by, America's share in the world economy is declining, and the US dollar will no longer be the world's main currency; this cannot be stopped. The weaponization of the US dollar forces other countries to abandon the US dollar settlement. Sachs said that by weaponizing the US dollar, the US often uses the dominant position of the US dollar to threaten other countries and interfere with trade. This will force other countries to gradually abandon the use of US dollars in international trade and use other currencies instead. Sachs also predicted that in 10 years, the role played by the US dollar would be completely incomparable to what it is now.

Zhitongcaijing·04/22/2025 10:33:07
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Jeffrey Sachs, an economics professor at Columbia University in the US, recently said in an interview that as time goes by, America's share in the world economy is declining, and the US dollar will no longer be the world's main currency; this cannot be stopped. The weaponization of the US dollar forces other countries to abandon the US dollar settlement. Sachs said that by weaponizing the US dollar, the US often uses the dominant position of the US dollar to threaten other countries and interfere with trade. This will force other countries to gradually abandon the use of US dollars in international trade and use other currencies instead. Sachs also predicted that in 10 years, the role played by the US dollar would be completely incomparable to what it is now.