Professor of Economy at FAAP, Vinícius Rodrigues Vieira was conclusive in saying, in an interview with Ww, That the path that The President from the United States, Donald Trump You have adopted to direct your economic policy that will lead you to “He shakes (…) the person who is still the main pillar of the American power in the world, which represents power dollar“.
A American currency It is used as a rule in International negotiations And as a reserve by central banks around the world. At the same time, and US government securities – Calls Treasury bonds They are seen as security assets, which are obtained even by the governments of countries.
since Trump He returned to the White House and put it The commercial policy that isolates the United States in the worldboth of them dollar like Treasury bonds You have fluctuated.
Economists CNN It indicates that this will be a reflection to be the world Loss of confidence in the United States.
“Whoever trusts someone hits his allies Donald Trump Do you do? No one accepts this type of treatment and makes everyone start looking for alternatives. (…) This procedure and rhetoric enhances other economic blocks, “notes Jose Copuri, a financial teacher and partner at JK Global Partners.
Thus, Cuburi agrees that a position Trump “Boss with dominance dollar“Movements”, but it confirms that it “will not fall overnight. “
The power of the dollar
S. dollar It is the standard currency of international business, which gives USA Financial freedom degrees and external accounts.
In 1944, the United Nations Monetary and Financial Conference based in Bretton Woods, New Hampshire, USA, It led to an international financial system. The dollar is priority And a privilege for international transactions.
“Hey The regime is complicated, the system established by the United States in the world since the post -war (the world). “It is a system that puts the dollar as dominant and authorized,” Cuburi notes.
The Bretton Woods Conventions ultimately led to the generation of the International Monetary Fund (IMF) and the World Reconstruction and Development Bank (BID), World Bank Jenin.
Tony Volbon, former Central Bank Director (BC) for International Affairs, Deputy Teacher at Georgetown University Cnn money Note that the United States, as dimensions from dollarand He managed to finance strong consumption, play large levels of debt and direct trade with their partners.
The former BC says: “The euro is relevant, but it does not have the same power as the US dollar. It is an economic zone for one coin, but in the financial issue, because it does not have central debts, it does not have the same strength as the United States as a country.”
The titles of the US Treasury It works as a heat scale Confidence in the American economy. When purchasing Treasury bondsThe investor actually lends to the country. The amount is then paid in DollarsWith income during a certain period of time. For the durability of the American economy, their debt nicknames are seen as reliable and safe to ensure rewards.
You must be in confidence
On April 2, Trump A An extensive list of “Model” rates American business partners. In the days they followed, Revenue Treasury bonds rose, That is, the United States will need to push more to attract the investor to buy their titles.
Many of these titles were giving up their sites.
A settlement American titles Through system defect This depends on stability. When strong instability, as it was now after “Tahrir’s Day”, has created a series of losses in a series of operations, “explains Copuri.
“This perception of dangers, and always stuck in dollar and American treasury titlesIt has grown a lot. “
The movement was also reflected in Northern American currencyWhich also lost the value.
HThis position increases uncertainty, increases the risks and It weakens confidence in the United States against the world. Which – which The scenario is born of greater fluctuations and The dollar loses the value in such a scenario“It is evaluated Joelson Sampaio, Professor of Economics at GETULIO VARGAS (FGV).
Longvie hegemony
The conclusion of economists heard CNNHowever, it is still Very early to talk about the dominance of the losing dollar.
“It is bIn a distance so far, it is too early to say that she has this danger, There is a lot that can Trump It was not radical enough to finish American currency power.
It indicates this American economy It has a history of durability, in addition to reference to a “Historical rapprochement “ Do International financial system About the dollar.
Although the limits lost the value, Paulo Gala, the chief economist in Panco Master, indicates that there is a A big difference between the weight of the dollar and any other currency So that it is replaced.
“Hey (From Japan) and the euro are the candidates who will come yet dollarBut the distance from The dollar is very large. And Iwan (from China) is far from this due to the problem of inability to be susceptible. then, We will live for a long time with the domination of the dollar For a bad reason, it is not for a good reason, because it has no alternative currency. “Gala is saved.
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