Prof. Matteo Maggiori of Stanford University on investor beliefs, trading, and global capital flows
Scientific Sense ®
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Dolle's Use Currency Status Could Change Things Very Dramatically
If dolle were to lose his use currency status a ol things could change very dramatically, very quickly. There's an active debate in economics about how big these benefits are. A, personally, i don't have an empirical estimate. Ot listeners should really think it is as my personal opinion,. for whatever little it is worth, but i suspect that these benefits are quite large.
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