MacroVoices #475 Daniel Lacalle: Is This The End of The Monetary System As We Know it?
Macro Voices
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ECB's Digital Dilemma
This chapter examines the European Central Bank's potential overreach in its monetary policies, particularly in light of its plans for a digital euro and the risks to financial stability. It also critiques the unrealistic aspirations of European policymakers regarding the euro's place as a reserve currency amid growing influence from China.
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