A leading economist explores the U.S. dollar's inexorable postwar global expansion and argues that today's outsized footprint may portend greater financial instability at home and abroad The U.S. dollar has held supremacy in the global financial system for over a century, and while its era may not be over, it is fraying at both the edges and the center. Drawing in part on his own experiences, including with policymakers and world leaders,...
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Business Business & Investing Economics Political Science Politics & Social Sciences