The Dollar's Dominance
Explore the privileges and benefits of the dollar's dominance in international transactions, including its role as the ultimate form of liquidity and the ability of the United States to provide the global currency at low cost. Discover how this exorbitant privilege contributes to higher US living standards and the reasons why foreign governments and central banks hold dollars as a form of insurance.In this clip
From this podcast

EconTalk
Barry Eichengreen on the Dollar and International Finance
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