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Hugh Hendry On Why The World Still Can't Get Enough Dollar Assets

Odd Lots

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The Dollar's Dominance and Global Influence

This chapter examines the evolution and significance of the dollar as the leading currency since the end of Bretton Woods, exploring its impact on banking practices, equities, and the private sector's reliance on treasuries. Additionally, it discusses the U.S.'s historical role as a 'benevolent empire' in promoting global prosperity and reflects on the changing landscape of safe assets amidst current geopolitical shifts.

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