Michael Dooley on the International Monetary System and Future of Global Dollar Dominance
Macro Musings with David Beckworth
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What Do You Think About This Paper?
The dollar doesn't seem to be getting any weaker. To this crisis. Even though treasury yields are up, terd up is a little bit, three %. I mean, the grand scheme of things, it's still pretty remarkable the dollar center is holding. So i'll be interesting to hear from you listeners what you think about this paper. But i find it very convincing. And so you're not going to move this literature overnight, but it might catch on.
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