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Philip Pilkington is MMT-conversant.In my view, this is not the end of dollar hegemony but the beginning of the end. As Philip Pilkington points out, countries are now forced to reconsider the dollar as a safe asset. It is unlikely to happen overnight, but it's on.American Affairs (one free article a month for non-subscibers)The End of Dollar Hegemony?Philip Pilkington https://americanaffairsjournal.org/2022/03/the-end-of-dollar-hegemony/
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Philip Pilkington is MMT-conversant.Philip Pilkington is MMT-conversant.In my view, this is not the end of dollar hegemony but the beginning of the end. As Philip Pilkington points out, countries are now forced to reconsider the dollar as a safe asset. It is unlikely to happen overnight, but it's on.American Affairs (one free article a month for non-subscibers)The End of Dollar Hegemony?Philip Pilkington https://americanaffairsjournal.org/2022/03/the-end-of-dollar-hegemony/
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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In my view, this is not the end of dollar hegemony but the beginning of the end. As Philip Pilkington points out, countries are now forced to reconsider the dollar as a safe asset. It is unlikely to happen overnight, but it's on.
American Affairs (one free article a month for non-subscibers)
The End of Dollar Hegemony?
Philip Pilkington
https://americanaffairsjournal.org/2022/03/the-end-of-dollar-hegemony/