US exorbitant privilege is alive and well
U.S. Treasuries may not be quite as risk-free as they once were, and the dollars stranglehold on global currency reserves may have loosened, but talk of their demise remains extremely premature.
Posted by Hicham ALAOUI RIZQ on 2024, Aug 29
Introduction
U.S. Treasuries may not be quite as risk-free as they once were, and the dollars stranglehold on global currency reserves may have loosened, but talk of their demise remains extremely premature.
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