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Fact check: Est-ce qu'il y a une perte de confiance dans le dollar des états unis

Checked on June 6, 2025

1. Summary of the results

There is substantial evidence of a decline in confidence in the US dollar, though the extent and implications are debated. Multiple sources confirm a significant drop in value, ranging from 7.5% to 9% in 2025 [1] [2]. The dollar's share in global reserves has fallen to its lowest level since 1994, at 57.4% [3]. However, some experts argue that this doesn't necessarily indicate a true loss of confidence, as the dollar maintains its dominance in global trade due to practical factors [4].

2. Missing context/alternative viewpoints

Several important contextual factors need to be considered:

  • The decline is attributed to multiple factors including:
  • Trade wars and policy uncertainty [1]
  • Concerns about US economic growth and inflation [2]
  • Moody's credit downgrade of US assets [2]
  • Emerging countries actively diversifying away from the dollar [3]

However, there's a crucial counterpoint: the dollar's global dominance isn't solely due to US influence but rather due to its practical utility in international transactions and the size of US financial markets [4]. Deutsche Bank experts warn of potential "dramatic changes" in investment flows and a possible "crisis of confidence" [5].

3. Potential misinformation/bias in the original statement

The question of confidence in the dollar is more complex than a simple yes/no answer. Different stakeholders have different interests in this narrative:

  • Financial Institutions: Banks like Deutsche Bank benefit from market volatility and currency movements, potentially influencing their dramatic predictions [6] [5]
  • Emerging Economies: Countries like China, India, and Turkey have political and economic interests in promoting a narrative of dollar decline as they seek to reduce dollar dependency [3]
  • Traditional Financial System: Those invested in the current system emphasize the dollar's practical advantages and the difficulty of replacing it with alternatives [4]

The truth likely lies between these competing narratives, with real challenges to dollar dominance existing alongside significant structural advantages that maintain its global role.

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