19min chapter

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How the Dollar Will Be Gradually Eroded by Emerging Market Currencies | Eric Fine & Natalia Gurushina (VanEck Fireside Chat)

Forward Guidance

CHAPTER

Shifting Landscapes of Global Finance

This chapter analyzes the increasing significance of emerging market currencies in global finance, highlighting their growing role as reserve assets amidst traditional reliance on the US dollar. It discusses the implications of recent agreements and the diversification of financial reserves by emerging markets, considering the broader trends in globalization. The conversation also touches upon the impact of rising sovereign debt levels and the dynamics of fiscal dominance on central bank policies.

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