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- De-dollarization talk has gathered steam this year, with China and Russia both trying to undermine the greenback.
- But the US itself poses the biggest threat to the buck's dominance, according to Benn Steil.
- Debt-ceiling standoffs and “growing weaponization” could undermine the currency, he said.
Forget China or Russia – the biggest threat to the dollar right now is the US itself, according to Benn Steil.