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Surveillance: Risk Management with McWilliams

Bloomberg Surveillance

00:00

The Death of the Dollar as the Global Currency

A lot of people argue against saying that the loss of the dollar's supremacy as the global currency has been overstated. Lisa: This is a tail risk, but we're gambling with an exorbitant privilege that has incalculable benefits. Dr. David M. Hilebronner and others wrote a book 40 years ago saying no, it's not. How do you respond to people that viscerally feel this government debt is bad?

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