Funding the Future

Is the dollar failing?


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Is the US dollar losing the trust required of a global reserve currency?


The dollar isn’t just America’s currency. It is the plumbing of global trade—the world’s settlement mechanism, safe haven, and store of value. But Trump’s tariff agenda, political interference in the Federal Reserve, and broader institutional instability are changing how the rest of the world assesses US credibility.

This video explains:

- Why reserve currencies depend on trust, not “strength”
- Why the US deficit is not an accident but a structural feature of the system
- Why one-currency global trade has become fragile
- What Keynes proposed instead: the bancor
- Why the BRICS alternatives don’t solve the core design problem
- Why the IMF / World Bank have failed to lead reform
- Why we now need a neutral clearing system for global trade

The question is not “does the dollar collapse tomorrow?”

It’s whether the world should keep accepting a reserve system built around one national currency—and one increasingly erratic politics.

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Funding the FutureBy Richard Murphy