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Foresight Dialogues · October 10 · 1 hr 24 min

The 88% Lie: Dollar Refusing to Die?

Is the US dollar heading for a crisis—or are predictions of its collapse missing how the system works? In Episode 10 of Foresight Dialogues, we join Jilani Gulam and Shad Ahmed to examine what keeps the dollar at the centre of global finance—and what would need to change for it to lose that position. From gold buying and de-dollarisation to America’s growing debt and interest bill, the discussion explores the difference between countries diversifying their reserves and replacing the financial system they still depend on. We discuss: A dollar crisis versus a dollar collapse Nixon’s 1971 decision to close the gold window Petrodollar recycling and the wider demand for dollars Why US Treasury bonds matter to global finance America’s debt, deficits and rising interest costs Whether credible alternatives to the dollar system are ready * What signs would indicate a deeper shift in global monetary power The guests challenge each other on how far that shift has progressed—and what could happen next. What do you think: will the dollar’s dominance weaken gradually, or could change come suddenly? Subscribe to Foresight Dialogues for thoughtful conversations about economics, history and the forces shaping our world.

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Is the US dollar heading for a crisis—or are predictions of its collapse missing how the system works? In Episode 10 of Foresight Dialogues, we join Jilani Gulam and Shad Ahmed to examine what keeps the dollar at the centre of global finance—and what would need to change for it to lose that position. From gold buying and de-dollarisation to America’s growing debt and interest bill, the discussion explores the difference between countries diversifying their reserves and replacing the financial system they still depend on.

We discuss:

  • A dollar crisis versus a dollar collapse
  • Nixon’s 1971 decision to close the gold window
  • Petrodollar recycling and the wider demand for dollars
  • Why US Treasury bonds matter to global finance
  • America’s debt, deficits and rising interest costs
  • Whether credible alternatives to the dollar system are ready *
  • What signs would indicate a deeper shift in global monetary power

The guests challenge each other on how far that shift has progressed—and what could happen next. What do you think: will the dollar’s dominance weaken gradually, or could change come suddenly?

Subscribe to Foresight Dialogues for thoughtful conversations about economics, history and the forces shaping our world.

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