Famous American economist Sachs: The future International Monetary System will not be centered on the US dollar, and the internationalization of the Renminbi will play an important role in the transformation.

GoldenOctober2024

2025-07-25 08:51:55

On July 25, Jin10 reported that Jeffrey Sachs, a well-known American economist and director of the Center for Sustainable Development at Columbia University, recently pointed out that the International Monetary System is gradually moving towards diversification. He predicts that within ten years, the influence of the US dollar will significantly decline. He stated that the internationalization of the Renminbi and the rise of Digital Money will be key driving forces in reshaping the global financial landscape.

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