Macro Musings with David Beckworth cover image

Robert McCauley on the Global Domain of the Dollar and Threats to Its Dominance

Macro Musings with David Beckworth

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Does the Global Demand for Dollars Impose Dilemmas?

The world has more dollars with each passing year to finance trade. Robert Trifan said they'll be a run on the bank and at that point the gold dollar link would come under big time pressure. The swap network was absolutely invented as sort of the international lender of last resort by Charles Coombs is the New York Fed.

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