Macro Reality Check: The Dollar System
Fed Chair Jerome Powell has openly acknowledged that most U.S. dollars are created digitally, not physically — with the vast majority existing inside the banking system.
This gives the U.S. what economists have long called an “exorbitant privilege”:
America can create the world’s reserve currency at the push of a button, while other nations must produce, export, and trade to earn it.
As global powers explore alternatives to dollar dependence, this privilege is increasingly challenged, raising geopolitical and market tensions.
Market takeaway:
Currency dominance is a strategic asset — and defending it shapes global policy, risk markets, and long-term capital flows.PLEASE FOLLOW BDV7071.$BTC #BinanceSquare #Cardano #CryptoSignals #AltcoinTrading #ScalpTrade
