Michael Dooley on the International Monetary System and Future of Global Dollar Dominance
Macro Musings with David Beckworth
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The Development Strategy Is Still There
The development strategy, which we find most important. This is the only development strategy thas ever worked. We never thought initially that it would work, but it did. It worked in europe, and it worked o two thousand two thousand 15. I think they accidentally set their exchange rate undervalue. They accidentally allowed in for in direct investment. The entanglement may be left over from tor the connections are still there.
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