Institutional Economics

Institutional Economics

The ‘reserve currency’ myth: The US dollar’s current and future role in the world economy

Official sector demand for US dollar assets is more symptom than cause of US dollar's dominant role

Stephen Kirchner
Nov 10, 2019
∙ Paid

I have a new report out with the United States Studies Centre on the current and future role of the US dollar in the world economy. As the report notes, the US dollar has few rivals, but the source…

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