9min chapter

Debunking Economics - the podcast cover image

Do we need a reserve currency?

Debunking Economics - the podcast

CHAPTER

The Dynamics of International Trade and Currency Valuation

This chapter delves into the intricacies of international trade, analyzing America's economic strategies and their effects on trade surpluses and deficits. It critically evaluates the implications of the US dollar's status as a reserve currency on global economic dynamics, while comparing it to other currencies and discussing the challenges of balancing international demand with domestic needs.

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