Monetary Matters with Jack Farley cover image

Ken Rogoff on Past, Present, and Future of U.S. Dollar Hegemony

Monetary Matters with Jack Farley

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Exploring Capital Controls: Impacts on the U.S. Economy

This chapter examines the potential advantages and drawbacks of implementing capital controls in the U.S., particularly regarding foreign investments. It draws comparisons with international examples and historical U.S. policies, highlighting the tension between capital openness and the need for economic stability.

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