The dominance of the US dollar as the global reserve currency has been gradually declining for years, but Donald Trump's policies could rapidly accelerate de-dollarization and the transition to a more multipolar international financial order, warn even mainstream American economists like Barry Eichengreen and Kenneth Rogoff. Political economist Ben Norton reviews the evidence. VIDEO: https://www.youtube.com/watch?v=utvD1JiIgCM Our related article - "Trump advisor reveals tariff strategy: Force countries to pay tribute to maintain US empire": https://geopoliticaleconomy.com/2025/04/10/trump-advisor-miran-tariff-pay-us-empire/ Topics 0:00 Dedollarization 0:43 Trump's policies accelerate dedollarization 3:50 Economist Barry Eichengreen 5:25 (CLIP) Barry Eichengreen on dedollarization 6:54 Gradually, and then suddenly 7:49 Erosion of dollar dominance 9:18 Decline of US economy 11:36 Rise of China 12:50 Gold: why central banks keep buying it 15:42 Western sanctions 17:57 List of reasons driving dedollarization 18:42 Trump's tariffs & US trade deficit 20:10 Trump pressures Federal Reserve 22:58 Why Trump wants low interest rates 24:56 US Treasury market volatility 26:03 Fewer foreigners want US government debt 29:32 US economy: a financial house of cards 30:34 High corporate bond yields 32:26 Reasons driving dedollarization 32:56 Inflation 36:31 Trump fires BLS chief 37:40 Mar-a-Lago Accord plans 38:54 (CLIP) Trump economic advisor Stephen Miran 38:59 Plaza Accord redux 40:30 Century bonds: de facto US debt default 44:46 Private investors de-dollarize too 45:25 Post-US dollar world 47:14 Economist Kenneth Rogoff 48:09 Trump's own Nixon shock 48:51 Multipolar financial world 50:46 Outro