Michael Dooley on the International Monetary System and Future of Global Dollar Dominance
Macro Musings with David Beckworth
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What's the Future of the Global Financial System?
The current global monetary system is still the brentwood system, but it has changed a lot. Let's talk about some of those changing dynamics. Is there this global financial cycle, and is the fed basically a monetary super power outside its reach? Yes. I mean, the logic of the centr is that it's an integrated financial market, which will be dominated by the most economically and most open economy. But we're gin to make it a hot take here. Your article on a minute will be a very hot take.
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