An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, November 12, 2015
Joseph Joyce — The Continuing Dominance of the Dollar: A Review of Cohen’s “Currency Power”
Good summary of currencies and why the USD will continue to dominant for the foreseeable future. Short, too.
Thanks for posting that. I find the international monetary "system" fascinating. It seems to be driving the U.S. markets more and more. Often, the U.S. stock market makes a big move at open based upon overseas developments, for example.
Thanks for posting that. I find the international monetary "system" fascinating. It seems to be driving the U.S. markets more and more. Often, the U.S. stock market makes a big move at open based upon overseas developments, for example.
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