Jackson Hole Special - Odd Lots Podcast: Barry Eichengreen on the New Era of High Government Debt
Bloomberg Surveillance
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The Role of US Assets in the Global Financial System
This chapter explores the safe haven status of US Treasuries and the reserve status of the US dollar, highlighting the significant appetite for US Treasuries from central banks. It also discusses the potential risks to the dollar's global role, such as a disorderly debt ceiling blowout and political hindrances in finding an alternative.
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