Eswar Prasad

Eswar Prasad, a Cornell University professor and former IMF economist, discusses the potential decline of the U.S. dollar as the global reserve currency. He explains what makes a reserve currency and the historical significance of the dollar. The conversation explores the challenges posed by alternative currencies like the euro and Bitcoin, and examines the implications for global finance if the dollar loses its dominance. Prasad highlights the importance of liquidity and market stability in maintaining the dollar's stature.

Eswar Prasad, a Cornell University trade policy professor and Brookings Institution senior fellow, dives into the effects of Trump's tariffs on global trade dynamics. He discusses potential trade wars and the implications for North America, including GDP and inflation shifts. The conversation also covers the complex balance countries must strike between the U.S. and China, addressing supply chain adjustments and geopolitical consequences of economic fragmentation. Prasad's insights illuminate the intricate dance of modern trade relationships.

Eswar Prasad, Tolani Senior Professor of Trade Policy at Cornell University and author of "The Future of Money," shares his expertise on global finance and cryptocurrencies. He delves into the slow shift from cash to digital payments in the U.S., highlighting challenges for the unbanked. The conversation also navigates U.S.-China economic tensions, emphasizing the future of decentralized finance and opportunities with Ethereum. Prasad offers valuable advice for aspiring fintech professionals looking to make an impact in this evolving landscape.

Eswar Prasad, Tolani Senior Professor of Trade Policy at Cornell University and author of 'The Future of Money,' dives into the transformation of the global financial system. He highlights the growing importance of cryptocurrencies and how the U.S. Dollar continues to reign. Discussions also touch on the contrast between digital payment adoption in the U.S. and countries like China. Furthermore, they explore the trust dynamics in global finance and the need for resilience in navigating these changes.

Eswar Prasad, Professor of Trade Policy at Cornell and Senior Fellow at the Brookings Institution, discusses the complex journey of the renminbi as it vies for global prominence. He highlights the historical milestones in China's currency and the challenges it faces without crucial domestic reforms. Delving into the renminbi's role since its IMF inclusion in 2016, Prasad examines the effects of China's closed capital account and the hurdles in communication faced by its central bank. Ultimately, he questions whether the currency's growth reflects real economic strength or strategic ambitions.