Interesting that although the dollar has declined for the last two decades as the global reserve currency, there apparently is no alternative currency taking its place; rather, countries are slowly moving some currency into assets. They aren't moving US dollars into China's Yuan.
It isn't like it isn't coming. The writing was on the wall in 2014/15 when BRICS set up their own reserve and loaning systems. It was only accelerated when Russia was cut off after invading Ukraine. Sounds like they're going to have serious talks about a common currency in their 2023 summit.
