Categories: Economy

Eswar Prasad: “Top Dollar” | Econbrowser


From a just-published article in Foreign Affairs:

The story of the dollar is, ultimately, less about the United States’ strength than about the rest of the world’s weaknesses. Until that disparity changes, and seemingly no matter how badly the United States plays its cards, don’t expect the dollar to decline.

A summary graph:

Eswar Prasad also wrote “The Dollar Trap”, as well as 2022 Finance & Development article. Also, re: digital currencies etc., see “The Future of Money”.



Source link

Washington Digital News

Share
Published by
Washington Digital News

Recent Posts

Lower mortgage rates draw homeowners in — but keep home buyers out

Mortgage applications rose 2.2% in the last week, the Mortgage Bankers Association said. Source link

42 mins ago

Soybeans, Again | Econbrowser

You might well wonder why China didn’t retaliate against US soybean exports in the wake…

1 hour ago

They Didn't Take The Orange Pill, They Threw It Out

The son of the current President two days ago on Twitter told people it's time…

1 hour ago

China’s 60-second dramas head to the U.S. after beating box office

Producers in China now churn out 5,000 to 8,000 new mini-drama series a year, 10…

1 hour ago

Critics say Trump’s executive order banning transgender female athletes from competing is ‘a solution looking for a problem’

In many cases, states that banned transgender athletes could not cite instances where their participation…

1 hour ago

Point of Care Diagnostics Market worth $22.63 billion by 2029

 (EMAILWIRE.COM, January 30, 2025 ) The global Point of Care Diagnostics Market, valued at US$14.26…

1 hour ago