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

Dollar Dominance in Statecraft

This chapter explores the strategic role of U.S. dollar dominance in international relations, particularly through financial sanctions post-9/11. It examines the complexities of sanctions imposed on countries like North Korea and Iran, revealing the challenges faced by foreign companies in navigating U.S. financial power.

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