I believe there will likely be two poles in a multipolar world primarily based on two spheres of affect – the Chinese language and American spheres. That’s placing it in quaint nationalist phrases. One other manner it’s being framed by America is freedom/democracy vs autocracy. China will body it in another way as wealth distribution vs wealth inequality. That could be a good debate to have and the 2 tremendous powers competing can profit many individuals similar to it did within the final chilly struggle.
Greater than two reserve currencies will likely be too complicated.
Each tremendous powers are prone to supply a contemporary digital CBDC, perhaps backed by Gold or Bitcoin. It will make their reserve forex extra interesting to nations of their sphere of affect.
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