Is the dominance of the dollar about to fade away? Donald Trump insists that “if we lost the dollar as the world currency . . . that would be the equivalent of losing a war”. Yet he himself could be the cause of such a loss. Reliance on a foreign currency depends on trust in its own soundness and liquidity. Trust in the dollar has been slowly eroding for a while. Now, under Trump, the US has become erratic, indifferent and even hostile: why would one trust a country that has launched a trade war on allies?
美元會失去它的主導地位嗎？唐納•川普(Donald Trump)堅稱：「如果我們失去美元作爲世界貨幣的地位……那將相當於輸掉一場戰爭。」然而，他本人可能正是導致美元失去這種地位的原因。我們能否依賴一種外國貨幣，取決於我們能否信任這種貨幣本身的穩健性和流動性。而對美元的信任處於被緩慢侵蝕的狀態已經有一段時間了。如今，在川普治下，美國變得反覆無常、冷漠甚至充滿敵意：一個對盟友發起貿易戰的國家，爲什麼還會獲得信任呢？
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