Archive - Hegemoney

A requiem for the Continental on the Semiquincentennial

America’s first national currency was a mess

Jul 3 • Jess Hoversen

June 2026

More OFAC licenses should have a dollar rider

Jun 26 • Jess Hoversen

SpaceX represents the best of American equity dominance

Jun 18 • Jess Hoversen

Imbalances build war chests

And are growing much harder to fix

Jun 12 • Jess Hoversen

Winner-take-some (maybe)

The world is hedging stables vs. CBDCs

Jun 5 • Jess Hoversen

May 2026

Something is rotten in the Strait of Hormuz

Iran’s Strait Authority sets a nasty modern precedent

May 28 • Jess Hoversen

Diagnosing dollar dominance

USD is much more than a reserve currency

May 19 • Jess Hoversen

Payments get BRIC-ed

You can’t outrun USD(T?)

May 8 • Jess Hoversen

A bond by any other name

Panda and dim sum bonds pave the road to an international RMB

May 1 • Jess Hoversen

April 2026

Who gets thrown a dollar lifeline?

Apr 23 • Jess Hoversen

First sanctions reprieve for oil. Next: tariff relief for aluminum?

Apr 14 • Jess Hoversen

Stablecoins buy safe passage in the Strait of Hormuz

Apr 3 • Jess Hoversen

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