{"id":27532,"date":"2026-07-07T09:53:56","date_gmt":"2026-07-07T07:53:56","guid":{"rendered":"https:\/\/mwehle.eu\/wp\/?p=27532"},"modified":"2026-07-07T09:53:56","modified_gmt":"2026-07-07T07:53:56","slug":"the-dollars-staying-power","status":"publish","type":"post","link":"https:\/\/wehle.cz\/wp\/?p=27532","title":{"rendered":"The dollar&#8217;s staying power"},"content":{"rendered":"<p><a href=\"https:\/\/newleftreview.org\/sidecar\/posts\/staying-power\" target=\"_blank\" rel=\"noopener\">Ho-fung Hung, New Left Review<\/a>:<\/p>\n<blockquote><p>Thus, just when the US global military umbrella \u2013 the longstanding foundation of dollar hegemony \u2013 is showing signs of weakening, the CCP\u2019s party-state is inadvertently prolonging the dollar\u2019s dominance. Short of profound financial reform in China, the current stalemate, in which the world remains reluctantly trapped within the dollar system, is likely to persist. It is ironic that as US-China rivalry intensifies, China\u2019s control over its economy has become a key factor in the staying power of the American empire.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Ho-fung Hung, New Left Review: Thus, just when the US global military umbrella \u2013 the longstanding foundation of dollar hegemony \u2013 is showing signs of weakening, the CCP\u2019s party-state is inadvertently prolonging the dollar\u2019s dominance. Short of profound financial reform &hellip; <a href=\"https:\/\/wehle.cz\/wp\/?p=27532\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27532","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/27532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27532"}],"version-history":[{"count":2,"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/27532\/revisions"}],"predecessor-version":[{"id":27534,"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/27532\/revisions\/27534"}],"wp:attachment":[{"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wehle.cz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}