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The Dollar And The Debt Ceiling

Thursday, October 10, 2013 - 8:05 AM
The dollar is the world’s go-to currency. But for how much longer? Will the dollar’s status as the only true global currency be irreparably damaged by the battle in the US Congress over raising the federal government’s debt ceiling? Is the dollar’s “exorbitant privilege” as the world’s main reserve currency truly at risk?

The Dollar and the Debt Ceiling by Barry Eichengreen - Project Syndicate
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ShorebreakShorebreak2,603 posts since
Apr 6, 2010
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