Lev Menand on *The Fed Unbound: Central Banking in a Time of Crisis*
Macro Musings with David Beckworth
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Globalization and Shadow Banking
The U.S. economy would benefit from a single currency, says Peter Bergen. He argues that the dollar's role in finance and trade is connected to shadow banking. But if it was cut out of this system, there could be even more instability, writes Bergen.
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