All Episodes

June 26, 2023 89 mins

The U.S. dollar’s status as the global reserve currency is diminishing, which reduces the power that U.S. leaders have over the global economic system. In this episode, hear highlights from recent Congressional testimony during which financial elites examine the current status of the global financial system and what Congress is being told to do to address perceived threats to it (and to their own power).

Please Support Congressional Dish – Quick Links

  • Contribute monthly or a lump sum via PayPal
  • Support Congressional Dish via Patreon (donations per episode)
  • Send Zelle payments to: Donation@congressionaldish.com
  • Send Venmo payments to: @Jennifer-Briney
  • Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com
  • Use your bank’s online bill pay function to mail contributions to: 5753 Hwy 85 North, Number 4576, Crestview, FL 32536.

Please make checks payable to Congressional Dish

Thank you for supporting truly independent media!


View the show notes on our website at https://congressionaldish.com/cd276-the-demise-of-dollar-dominance

Background Sources

Recommended Congressional Dish Episodes

CD269: NDAA 2023/Plan Ecuador

CD230: Pacific Deterrence Initiative

CD195: Yemen

CD187: Combating China

CD102: The World Trade Organization: COOL?

International Monetary Fund

“IMF Financial Activities List 2023.” Updated June 21, 2023. International Monetary Fund.

“Weekly Report on Key Financial Statistics.” June 9, 2023. International Monetary Fund.

“IMF Lending.” Updated December 2022. International Monetary Fund.

Argentina

“Argentina: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding” October 17, 2018. International Monetary Fund.

“Argentina Policy Memorandum.” January 11, 1999. International Monetary Fund.

Ecuador

“Ecuador—Supplementary Letter of Intent.” March 13, 2003. International Monetary Fund.

Smaller Banks within the World Trade System

International Finance Corporation

China

“Members and Observers.” World Trade Organization.

“ China and the WTO.” World Trade Organization.

“From ‘China Shock’ to deglobalisation shock: China’s WTO accession and US economic engagement 20 years on.” Stephen Kirchner. January 24, 2022. United States Studies Centre.

“The China Reckoning: How Beijing Defied American Expectations.” Kurt M. Campbell and Ely Ratner. February 13, 2018. Foreign Affairs.

The World Bank

“Who can borrow from the World Bank?” December 10, 2020. Bretton Woods Observer.

“Domination of the United States on the World Bank.” Eric Toussaint. April 2, 2020. Committee for the Abolition of Illegitimate Debt.

“Why Is the World Bank Still


Advertise With Us

Popular Podcasts

Dateline NBC
The Nikki Glaser Podcast

The Nikki Glaser Podcast

Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.

Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2024 iHeartMedia, Inc.