Thornton: ‘US-Russia political tensions will speed up demise of dollar’

Mark Thornton interviewed on PressTV: “The political tensions between the United States and Russia has increased or speeded up the process of which nations are doing business between countries instead of dollars and doing it with their local currencies,” Mark Thornton, Senior Fellow at Mises Institute, told Press TV on Wednesday. “As a result, that puts pressure back on the United States because the United States wants everybody to use dollars in international transactions as well as a reserve currency in their central banks,” the professor at Auburn University added.