Hands Off Asia meet: 'No dollar dependence, no IMF conditionalities, no sanctions' - Counterview

Hands Off Asia meet: 'No dollar dependence, no IMF conditionalities, no sanctions' - Counterview

Source: Counterview

DW NOTE

The Hands Off Asia summit proposes de-dollarisation, rejection of IMF programmes, and non-compliance with Western sanctions — a shopping list of policies already pursued by Russia, Iran, and Venezuela with uniformly catastrophic results. Currency sovereignty without fiscal discipline produces hyperinflation, not independence. The dollar's 49% share of global payments isn't imperialism; it's what happens when your central bank doesn't treat the printing press as a policy tool.

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