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Kathleen Tyson
Expert on international monetary and financial systems. Former member of the Federal Reserve Bank of New York and supervisor of global securities markets in London. Author of "Multicurrency Mercantilism".
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Oct 29, 2024
• 1h 18min
How can BRICS de-dollarize the financial system?
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Kathleen Tyson, an expert on international monetary systems and former member of the Federal Reserve Bank of New York, joins the conversation to dissect BRICS' bold moves towards de-dollarization. Tyson delves into the implications of local currency trades and critiques the US dollar's dominance. The discussion navigates the potential of Special Drawing Rights as a new reserve currency and explores capital controls as a way to stabilize economies. Could a currency backed by commodities reshape global trade? Join Tyson for insights into this financial paradigm shift.
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