Matteo Maggiori on the Global Capital Allocation Project, Exorbitant Privilege, and Dollar Runs
Macro Musings with David Beckworth
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Yend Sipiwas Predicting That It Will Double That by 20 50
In the early fifties, when breton woods was put together, one of the thingsis sort of amazing is the floating exchange rate system wasn't even considered. The problem is much more fiscal than a balance or payments problem. It's about the government fiscal capacity. And our willingness to repay safe astet for the rest of the world. But i digressed. So let me go back to the the triffing dilemma. E. Triffina had put forward this trade off a mano, and i tried to give it ina radical incarnation. I actually bougt mundell in a died just yesterday. We have an incredible ability to get away with sustaining large deficets
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