Ep. 243: Charles Engel on Currency Models, Carry Trades and Capital Flows
Macro Hive Conversations With Bilal Hafeez
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The US Dollar: A Safe Haven Paradox
This chapter explores the US dollar's role as a safe haven currency during financial crises, highlighting its heightened value amid global stress. It examines the contradictory relationship between the US's significant debts and the dollar's liquidity, supported by the Federal Reserve's policies that ensure confidence and stable inflation.
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