{"id":7554,"date":"2024-12-10T16:11:14","date_gmt":"2024-12-10T16:11:14","guid":{"rendered":"https:\/\/newmoneyreview.com\/?p=7554"},"modified":"2025-02-10T14:35:27","modified_gmt":"2025-02-10T14:35:27","slug":"why-the-dollar-era-will-end-slowly-then-suddenly","status":"publish","type":"post","link":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/","title":{"rendered":"Why the dollar era will end slowly\u2014then suddenly"},"content":{"rendered":"<p><a href=\"https:\/\/blubrry.com\/newmoneyreview\/139555669\/why-the-dollar-era-will-end-slowlythen-suddenly\/\">The latest New Money Review podcast<\/a> focuses on Trump, tariffs, deglobalisation and the currency markets.<\/p>\n<p>My guest, Mark Astley, is a former colleague, a currency and fixed income specialist who recently retired as chief executive of asset manager Millennium Global Investments.<\/p>\n<p>\u201cWe are living in an epochal time in the history of exchange rates and trade policy,\u201d Astley says in the podcast.<\/p>\n<p>During the recording, Astley suggests the 53-year experiment with a dollar-based floating exchange rate system may be coming to an end as a result of tariff wars and rising geopolitical turmoil.<\/p>\n<p><a href=\"https:\/\/blubrry.com\/newmoneyreview\/139555669\/why-the-dollar-era-will-end-slowlythen-suddenly\/\">Listen in<\/a> for a 30-minute discussion of the backdrop and outlook for global currencies. We cover:<\/p>\n<ul>\n<li>The benefits and costs of post-1971 exchange rate flexibility<\/li>\n<li>The great disinflation of 1981-2021 and the recent return to higher inflation<\/li>\n<li>Trump, tariffs, supply chains and interest rates<\/li>\n<li>Which global economies are least and most exposed to a trade war?<\/li>\n<li>Why dollar dominance may end slowly, then suddenly<\/li>\n<li>The breakdown of post-WW2 global institutions<\/li>\n<li>Implications for currency markets, precious metals and cryptocurrencies<\/li>\n<\/ul>\n<p><em><a href=\"https:\/\/blubrry.com\/newmoneyreview\/\">The New Money Review podcast<\/a> brings you the best minds from the world of money. <\/em><\/p>\n<p><em>From economics to payments, financial markets, technology, law, digital assets, crime and fraud, you&#8217;ll find an episode that interests you.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest New Money Review podcast focuses on Trump, tariffs, deglobalisation and the currency markets. My guest, Mark Astley, is a former colleague, a currency and fixed income specialist who [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1013,1012,1053,1026,1014,1011],"tags":[2278,2275,2276,2277,1514,1513,1525],"class_list":{"0":"post-7554","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-account","8":"category-exchange","9":"category-featured-1","10":"category-latest-slider","11":"category-payment","12":"category-value","13":"tag-deglobalisation","14":"tag-mark-astley","15":"tag-millenium-investments","16":"tag-tariffs","17":"tag-trade-war","18":"tag-trump","19":"tag-us-dollar"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why the dollar era will end slowly\u2014then suddenly - New Money Review<\/title>\n<meta name=\"description\" content=\"The dollar era is likely to come to an end as a result of rising tariffs and geopolitical tensions, says Mark Astley in our latest podcast.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why the dollar era will end slowly\u2014then suddenly - New Money Review\" \/>\n<meta property=\"og:description\" content=\"The dollar era is likely to come to an end as a result of rising tariffs and geopolitical tensions, says Mark Astley in our latest podcast.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/\" \/>\n<meta property=\"og:site_name\" content=\"New Money Review\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-10T16:11:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-10T14:35:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2198\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Amery\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ameryp\" \/>\n<meta name=\"twitter:site\" content=\"@newmoneyreview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul Amery\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/\"},\"author\":{\"name\":\"Paul Amery\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412\"},\"headline\":\"Why the dollar era will end slowly\u2014then suddenly\",\"datePublished\":\"2024-12-10T16:11:14+00:00\",\"dateModified\":\"2025-02-10T14:35:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/\"},\"wordCount\":215,\"publisher\":{\"@id\":\"https:\/\/newmoneyreview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg\",\"keywords\":[\"deglobalisation\",\"Mark Astley\",\"Millenium Investments\",\"tariffs\",\"trade war\",\"Trump\",\"US dollar\"],\"articleSection\":[\"ACCOUNT\",\"EXCHANGE\",\"Featured\",\"Latest\",\"PAYMENT\",\"VALUE\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/\",\"url\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/\",\"name\":\"Why the dollar era will end slowly\u2014then suddenly - New Money Review\",\"isPartOf\":{\"@id\":\"https:\/\/newmoneyreview.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg\",\"datePublished\":\"2024-12-10T16:11:14+00:00\",\"dateModified\":\"2025-02-10T14:35:27+00:00\",\"description\":\"The dollar era is likely to come to an end as a result of rising tariffs and geopolitical tensions, says Mark Astley in our latest podcast.\",\"breadcrumb\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage\",\"url\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg\",\"contentUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg\",\"width\":2198,\"height\":2560},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/newmoneyreview.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why the dollar era will end slowly\u2014then suddenly\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newmoneyreview.com\/#website\",\"url\":\"https:\/\/newmoneyreview.com\/\",\"name\":\"New Money Review\",\"description\":\"A periodical covering the accelerating changes in money\",\"publisher\":{\"@id\":\"https:\/\/newmoneyreview.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/newmoneyreview.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/newmoneyreview.com\/#organization\",\"name\":\"New Money Review\",\"url\":\"https:\/\/newmoneyreview.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg\",\"contentUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg\",\"width\":1418,\"height\":158,\"caption\":\"New Money Review\"},\"image\":{\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/newmoneyreview\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412\",\"name\":\"Paul Amery\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g\",\"caption\":\"Paul Amery\"},\"sameAs\":[\"https:\/\/x.com\/@ameryp\"],\"url\":\"https:\/\/newmoneyreview.com\/index.php\/author\/paul-amery\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why the dollar era will end slowly\u2014then suddenly - New Money Review","description":"The dollar era is likely to come to an end as a result of rising tariffs and geopolitical tensions, says Mark Astley in our latest podcast.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/","og_locale":"en_GB","og_type":"article","og_title":"Why the dollar era will end slowly\u2014then suddenly - New Money Review","og_description":"The dollar era is likely to come to an end as a result of rising tariffs and geopolitical tensions, says Mark Astley in our latest podcast.","og_url":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/","og_site_name":"New Money Review","article_published_time":"2024-12-10T16:11:14+00:00","article_modified_time":"2025-02-10T14:35:27+00:00","og_image":[{"width":2198,"height":2560,"url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg","type":"image\/jpeg"}],"author":"Paul Amery","twitter_card":"summary_large_image","twitter_creator":"@ameryp","twitter_site":"@newmoneyreview","twitter_misc":{"Written by":"Paul Amery","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#article","isPartOf":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/"},"author":{"name":"Paul Amery","@id":"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412"},"headline":"Why the dollar era will end slowly\u2014then suddenly","datePublished":"2024-12-10T16:11:14+00:00","dateModified":"2025-02-10T14:35:27+00:00","mainEntityOfPage":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/"},"wordCount":215,"publisher":{"@id":"https:\/\/newmoneyreview.com\/#organization"},"image":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage"},"thumbnailUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg","keywords":["deglobalisation","Mark Astley","Millenium Investments","tariffs","trade war","Trump","US dollar"],"articleSection":["ACCOUNT","EXCHANGE","Featured","Latest","PAYMENT","VALUE"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/","url":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/","name":"Why the dollar era will end slowly\u2014then suddenly - New Money Review","isPartOf":{"@id":"https:\/\/newmoneyreview.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage"},"image":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage"},"thumbnailUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg","datePublished":"2024-12-10T16:11:14+00:00","dateModified":"2025-02-10T14:35:27+00:00","description":"The dollar era is likely to come to an end as a result of rising tariffs and geopolitical tensions, says Mark Astley in our latest podcast.","breadcrumb":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#primaryimage","url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg","contentUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg","width":2198,"height":2560},{"@type":"BreadcrumbList","@id":"https:\/\/newmoneyreview.com\/index.php\/2024\/12\/10\/why-the-dollar-era-will-end-slowly-then-suddenly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/newmoneyreview.com\/"},{"@type":"ListItem","position":2,"name":"Why the dollar era will end slowly\u2014then suddenly"}]},{"@type":"WebSite","@id":"https:\/\/newmoneyreview.com\/#website","url":"https:\/\/newmoneyreview.com\/","name":"New Money Review","description":"A periodical covering the accelerating changes in money","publisher":{"@id":"https:\/\/newmoneyreview.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newmoneyreview.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/newmoneyreview.com\/#organization","name":"New Money Review","url":"https:\/\/newmoneyreview.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/","url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg","contentUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg","width":1418,"height":158,"caption":"New Money Review"},"image":{"@id":"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/newmoneyreview"]},{"@type":"Person","@id":"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412","name":"Paul Amery","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/newmoneyreview.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g","caption":"Paul Amery"},"sameAs":["https:\/\/x.com\/@ameryp"],"url":"https:\/\/newmoneyreview.com\/index.php\/author\/paul-amery\/"}]}},"jetpack_featured_media_url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/04\/IMG_20190118_142005_510-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts\/7554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/comments?post=7554"}],"version-history":[{"count":2,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts\/7554\/revisions"}],"predecessor-version":[{"id":7557,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts\/7554\/revisions\/7557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/media\/7481"}],"wp:attachment":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/media?parent=7554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/categories?post=7554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/tags?post=7554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}