The US-Israel war on Iran is accelerating de-dollarization and America’s decline | Ahmed Moor

De-dollarization promises to reorder the world, reducing American power globally The US-Israel war on Iran is expensive. It’s expensive in terms of human lives, first of all. It’s expensive too, in pure currency – about $12bn a week for the US. And it’s expensive in how it’s causing the tectonic structures that underpin our global economy to shift. De-dollarization, the name given to the process countries undertake in unwinding their reliance on the dollar, promises to reorder the world, redu...

By Ahmed Moor