Matteo Maggiori on the Global Capital Allocation Project, Exorbitant Privilege, and Dollar Runs
Macro Musings with David Beckworth
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How Would You Run to a Cryptocurrency Fund?
The concern is there might be the shock, something that's going to trigger panic and run on the dollar. Where would investors go? What happens when you have multiple countries that can compete in our being reserve status? In 19 twenti a berry ikin grin has quite forcibly made the point thati you look at it in the twenties, it's not one day was the pound, and then after the collapse, is a dollar.
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