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the roles of the dollar in the international monetary system have been actively discussed since the outbreak of the lament crisis wrote masayuki todokoro in his article after dollar indeed economists political observers and leaders have questioned the dollar-centered world moreover as time passes different regions speak about the inevitability of the demise of the American dollar as the central reserve and trade currency and even offer alternative currencies that could replace it why are countries trying to move away from the US dollar primary reason countries are moving away from the US dollar is sanctions the article Americas aggressive use of sanctions endangers the Dollars Reign by the economists argue that America started actively using its currency as another foreign policy tool after 9 11. since then almost no foreign Banks or countries have been spared from sanctions including French Paribas in 2014 during Obamas presidency and North Korea Russia Iran Venezuela and others du
