While in the U.S. Biden is suing Trump for bribing a porn star, Xi Jinping and Malaysian Prime Minister Anwar Ibrahim discussed the creation of an Asian Monetary Fund to reduce dependence on the dollar.

Anwar Ibrahim said: there is no reason for Malaysia to remain dependent on the dollar, the Central Bank of Malaysia is already working to allow the two countries to negotiate trade issues using the ringgit, Malaysia's national currency, and the yuan.

Also, against this backdrop, India and Malaysia have also agreed to trade in Indian rupees as a method of payment in addition to other currencies.

The funeral march for the dollar is sounding louder and louder internationally.