Michael Dooley on the International Monetary System and Future of Global Dollar Dominance
Macro Musings with David Beckworth
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Is There a Market Failure Story?
"Thisi fascinating on so many levels. In fact, i was thinking this could almost be a form of the government fixing a market failure," he says. "In order to do that, it needs to be the main provider of those safe assets and have the work if a structure."
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