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5min chapter
Bloomberg Surveillance TV: February 12, 2025
Bloomberg Surveillance
The Dollar's Exorbitant Privilege and Inflation Dynamics
This chapter explores the significance of the U.S. dollar in the global economy, particularly highlighting the inefficiencies in cross-border payments compared to instant payment systems in other nations. Additionally, it delves into inflation concerns, the Federal Reserve's policy considerations, and the need for improved infrastructures to maintain the dollar's reserve currency status.
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Discover
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