Macro Musings with David Beckworth cover image

Robert McCauley on the Global Domain of the Dollar and Threats to Its Dominance

Macro Musings with David Beckworth

00:00

The Fed and the Rest of the World Short Dollars

The FOMC though by law has to keep their eyes on what's happening in the US now. The rest of the world is long dollar and at the same time acts like it's short that, says John Defterios. When the dollar rises when the dollar rises we tend to have financial crises in the other parts of the world 1982 comes to mind as a case study.

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