Mona Ali is an associate professor of economics at the State University of New York–New Paltz. She is writing a book on the weaponization of global finance.

07.13.2025

Mona Ali

Who Benefits From the Dollar’s Dominance?

The US dollar is used by governments and investors around the world for trade and as a safe asset. Jacobin asked economist Mona Ali if Donald Trump’s tariffs are destroying trust in the currency and what effect this instability will have on ordinary people.