4min chapter

Debunking Economics - the podcast cover image

Do we need a reserve currency?

Debunking Economics - the podcast

CHAPTER

The U.S. Dollar and Global Trade Dynamics

This chapter explores the U.S. dollar's role as the world's primary reserve currency, its historical significance, and the potential for alternatives like Keynes' Bancor. It examines the impacts of a strong dollar on international trade and the economic mechanisms that could underlie a new currency system.

00:00

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