The US Dollar’s Exorbitant Privilege And The International History Of Reserve Currencies with Barry Eichengreen
Posted by HooverInstitution
The US Dollar’s Exorbitant Privilege And The International History Of Reserve Currencies with Barry Eichengreen
Posted by HooverInstitution
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What does it mean for the US dollar to be a world reserve currency—and what would it mean for the greenback to lose this status? In this interview, Jon Hartley speaks with American economist Barry Eichengreen about the significance of global dollar dominance. They also discuss why the move away from the dollar has been slower—and less toward the Chinese yuan—than Eichengreen anticipated 15 years ago.