全球货币体系的暗流涌动：美元霸权的黄昏？ 这并非突发事件，而是长期的累积。2022年俄乌冲突中的"美元武器化"，成为了这场慢性病的转折点。美国及其盟友冻结俄罗斯数千亿外汇储备，并将俄国 主要银行踢出SWIFT国际结算系统，此举向全球发出了强烈的风险警示。 世界的表象平静，实则暗流涌动。全球货币体系，如同地球的血液循环，滋养着我们每一个人的生活。美元，作为这套系统中最粗壮的大动脉，近年来却显 现出慢性"病变"，其根源在于各国对美元信任的逐渐崩塌。 数十年来，外汇储备一直被视为国家经济的压舱石，神圣不可侵犯。然而，俄乌冲突中的一纸禁令，让巨额资产顷刻化为乌有，如同镜花水月。这一事件让 各国惊觉，将所有"鸡蛋"放在美元这个"篮子"里，风险巨大，经济命脉随时可能被他人掌控。 这远比俄罗斯的损失更为震慑人心，引发了全球央行行长和财政部长的集体焦虑——美元资产安全吗？答案不言而喻。数据也印证了这种恐慌：美元在全球 外汇储备中的占比，从本世纪初的70%以上，骤降至2024年的不足58%。 这并非简单的数字波动，而是各国"用脚投票"的结果，是悄无声息的资产配置调整的真实写照。美元作为储备货币的吸引力正在急剧下降。 面对日益不 ...

Core Viewpoint - The global monetary system is at a critical juncture, transitioning from a "dollar-dominated" structure to a "multipolar coexistence" model, with the evolution of currencies like the Renminbi becoming a focal point for observing emerging market countries' pathways [1][3]. Group 1: Current Monetary Landscape - The current global monetary system is still centered around the US dollar, which faces historic challenges due to unilateral policies from the US, particularly under the Trump administration, impacting the dollar's credibility as a global trade and reserve currency [3][4]. - The dollar's share in global foreign exchange reserves has decreased to 60%, down from a peak of 73%, indicating a weakening position as emerging market central banks diversify their reserves, including increasing gold holdings [3][4]. Group 2: Future Currency Competitors - Potential competitors to the dollar include the Euro and the Renminbi, with the Euro needing to establish a fiscal union and enhance financial integration to strengthen its position [4][5]. - The Renminbi, while not fully convertible, has the potential to become a global reserve currency, supported by initiatives like the Belt and Road Initiative and the Asian Infrastructure Investment Bank, which expand its cross-border usage [4][5]. Group 3: Proposed Solutions for Monetary Reform - Industry experts suggest creating a "willing alliance" for a multilateral mechanism, leveraging regional institutions like the Asian Infrastructure Investment Bank to foster non-US-led cooperation [5][6]. - A gradual reform of the monetary system is proposed, including expanding the International Monetary Fund's Special Drawing Rights (SDR) basket to alleviate the pressure of dollar dominance and increase the Renminbi's weight [7][8]. Group 4: Digital Currency Innovations - The future of the global monetary system may hinge on technological innovations such as digital currencies and inclusive institutional frameworks, with discussions on how the US, Europe, and China are approaching digital currency development [8].