The United States’ attempt to rebalance the global economy to better serve its interests has resulted in the flight of capital out of the country, harming American businesses and consumers. … READ MORE >
reserve currency
Market minute: The dollar’s role as a reserve currency does not lead to overvaluation
If policies are adopted to devalue the dollar and end its reserve status, they would only damage American businesses and consumers. … READ MORE >
Global currency reserves: BRIC economies not supplanting U.S. any time soon
O about $12.5 trillion in total global currency reserves, China accounts for but a fraction with $245 billion. The United States, by contrast, accounts for $6.67 trillion. … READ MORE >
A nascent dollar bloc: Re-globalization amid U.S.-Chinese tensions
We see a nascent dollar trading bloc forming out of need to protect essential industries. … READ MORE >
Dollar ascendant? Why the dollar’s dominance will not fade.
The idea that the global economy can be organized around another currency seems out of place given the dollar’s ascendancy over the past 10 years during a period of uncertainty. … READ MORE >