Group 1 - The U.S. has maintained a trade deficit, importing more than it exports, leading to a scarcity of dollars in the market [2] - The establishment of the Bretton Woods system solidified the dollar's role as the world's primary currency, allowing the U.S. to easily import goods with minimal limits on dollar issuance [4] - Many countries recognize that the U.S. strategy of printing money for goods resembles a Ponzi scheme, yet they continue to accept this reality due to U.S. military strength [6] Group 2 - The military might of the U.S. is a key factor in the global acceptance of the dollar, with the U.S. maintaining military bases worldwide to uphold its hegemony [6] - If Russia and China were to align their interests, the dominance of the dollar could be threatened, although China has not fully prepared for this shift [8] - The U.S. will not allow any European power to rise against it, maintaining military presence in Japan and South Korea despite their economic challenges [8] Group 3 - The era of U.S. hegemony is nearing its end, with the dollar's dominance facing significant challenges [10] - A reduction in dollar reserves and U.S. Treasury holdings by China could trigger the decline of dollar hegemony [10] - Holding gold has become a common risk-averse strategy as the dollar struggles to maintain its status as a global currency [10]
李昌平:美元的终结者只能是军武战力
Sou Hu Cai Jing·2025-06-03 09:28