Macro Musings with David Beckworth cover image

Gianluca Benigno on the Basics and Policy Functionality of R** and the Dollar’s Imperial Circle

Macro Musings with David Beckworth

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The Role of the Dollar in the Global Manufacturing Cycle

John Luke: I want to get to the article that originally motivated me reaching out to you. And that is your article, The Dollars Imperial Circle. But really fascinating because I'm familiar with all the dollar dominant literature. But your article brings out, it's interaction on the real side of the economy through manufacturing and stuff. So walk us through the argument you make in that paper.

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