De-Dollarization and Global Economic Stability

In the words of the former United States Secretary of State Henry Kissinger, “who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.” The phrase implies that economic wealth and financial resources have a pervasive impact on decision making, social structure, and the distribution of power. For centuries, world leaders have been competing for global dominance in currency. Hence, it is critical to address the issues in today’s monetary system. Let us shine the light upon a global issue that is heavily devastating countries and marginalized communities worldwide.