exorbitant privilege
This blog post accompanies the SDPB Monday Macro segment that airs on Monday, April 29, 2024. Click here to listen to the show, which begins at minute 21:30. For more macroeconomic analysis, follow J. M. Santos on Twitter @NSMEdirector. In the global financial system, the U.S. dollar enjoys an exorbitant privilege, or so say the […]