Robin Brooks on the Dollar, Fiscal Dominance, and Geoeconomics
Macro Musings with David Beckworth
00:00
The Dollar's Resilience Amidst Market Turbulence
This chapter examines the recent 10% decline of the U.S. dollar and the various economic factors influencing its fluctuations, including fiscal policy changes in Europe and tariff impacts. It reassures listeners about the dollar's strong reserve currency status and explores the potential influence of stablecoins and broader geopolitical themes on its future.
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