Do we need a reserve currency?
Debunking Economics - the podcast
The Dynamics of the Dollar and Global Trade
This chapter examines the complexities of the US dollar and the Eurodollar market, highlighting how multinational corporations influence monetary policies. It discusses the historical context of trade deficits, reserve currencies, and the implications of the US's position as a reserve currency on global economics. The conversation also explores the potential shift in reserve currency dynamics, considering alternatives to the dominance of the US dollar.
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