IMF questions status of greenback

https://www.euractiv.com/news/imf-prepares-for-global-run-on-us-dollar/

Her comments come as Donald Trump’s sweeping tariffs and attacks on the Federal Reserve’s independence and the rule of law have sparked deep investor unease about the status of the dollar, which has dominated global finance since the end of the Second World War.

The greenback’s value has fallen more than 9% against a basket of other currencies since Trump’s return to the White House in January 2025. The dollar’s decline against the euro has been even steeper, at just under 12%.

Fears about the greenback’s continued status as a ‘safe haven’ have also caused investors to pile into gold, with the price of bullion reaching a record high of $5,100 per troy ounce on Monday.

The law of unintended consequences. As long as the billionaires stay safe, we'll always have someone to fill us with hope while we starve.

Never anticipated what tariffs can do, eh, Donnyboy? Wish I didn't have so many US Reichsmarks...