U.S. dollar hegemony: The global wealth extraction drill

(ECNS)--In recent years, the United States has abused its dollar hegemony, and weaponized the international financial infrastructure, making more countries vigilant. By leveraging monetary policies and exchange rates, it drives global inflation, shifts domestic crises onto others, and undermines global economic stability, reaping wealth worldwide.

Dollar dominance grants the U.S. control over global trade, with the dollar weaponized as a geopolitical tool. To maintain this hegemony, the U.S. frequently resorts to armed conflicts and economic coercion, threatening international stability and order. The abuse of the dollar, the weaponization of global financial infrastructure and the country's irresponsible monetary policy are backfiring and eroding the U.S. credibility.