Is this the end of Dollar’s Exorbitant Privilege?

In last century, We have seen many changes in the global economy and the political landscape over the years. One of the most significant changes was the end of the Bretton Woods system and the delinking of the US dollar from gold.

The French President Charles de Gaulle who sent a warship to New York harbor in early August 1971 with instructions to bring back its gold from the New York Federal Reserve
Madera Tribune : De Gaulle launches big attack on US Dollar
Nixon Ends Bretton Woods International Monetary System on August 15, 1971.
Source : Statista
  1. The Mighty Dollar’s Weaponization:
The amount of U.S. public debt, measured as a percentage of GDP from 1900 to 2020, projected to 2050
The Collapsing Purchasing Power of the US Dollar (Visual Capitalist)

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