Macro Musings with David Beckworth cover image

Paul Blustein on the Rise, Dominance, and Current Challenges to King Dollar

Macro Musings with David Beckworth

CHAPTER

The Dollar's Dominance and Stablecoins

This chapter discusses the influence of stablecoins on U.S. dollar supremacy and critiques the reliance on Bitcoin reserves for national security. It examines the risks and challenges to the dollar's strength, including political dysfunction and economic policies, while questioning the benefits of dollar dominance for American workers.

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