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Ken Rogoff, Professor of Economics, Harvard and Former Chief Economist, IMF

Alpha Exchange

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The Impact of Dollar Dominance

This chapter examines the complexities surrounding the US dollar's status as the global reserve currency, discussing its benefits and associated risks. It highlights the implications of US macroeconomic policies and trade dynamics on the dollar's reliability, while also addressing emerging challenges from alternative currencies. The conversation stresses the urgent need for resilient fiscal policies amidst growing national debt and potential economic crises.

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