Michael Dooley on the International Monetary System and Future of Global Dollar Dominance
Macro Musings with David Beckworth
00:00
The Great Financial Crisis
When i got out of grad school, i graduated in two thousand three, i went to work at the use department of treasury. The big fearback then was there's going to be a big dollar crisis. I didn't know the scale of the sub prime market. And so these really terrible things were put together by incredibly naive institutions that used old fashioned lax regulatory procedures. We're coming full circle here, ye. Now it's supply chain disruptions, right? Bes causing inflation.
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