“Washington has been overusing the sanctions weapon,” causing both allies and competitors to seek ways to circumvent the global dominance of the dollar, said Dr Gerald Horne, the prolific author and University of Houston professor of African American Studies and History. “The US doesn’t seem to realize that we are in a multi-polar world,” where no nation can dictate to all the others. Speaking on the Sputnik Radio program “The Critical Hour,” Horne told hosts Wilmer Leon III and Garland Nixon that China is preparing to circulate a digital form of yuan to break the stranglehold of the dollar.
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