Economists say the decline of the dollar cannot be stopped

Jeffrey Sachs, an economics professor at Columbia University in the United States, said in an interview recently that as time goes by, the share of the United States in the world economy is declining, and the dollar will no longer be the world's main currency, which cannot be stopped. The weaponization of the dollar forces other countries to abandon the dollar settlement. Sachs said that the United States weaponizes the dollar, often using the dollar's dominance to threaten other countries and interfere with trade, which will force other countries to gradually abandon the dollar settlement in international trade and use other currencies. Sachs also predicted that in 10 years, the role played by the dollar will be completely incomparable to what it is now. (CCTV International News)