Tuesday, May 22, 2012

Theme: Barry Eichengreen

It seemed inevitable that the dollar would lose its exorbitant privilege. But the currency is here to stay, if only for want of an alternative…

The dollar’s key role in international markets is once again in the spotlight. This column introduces a new book by Barry Eichengreen: Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System.Read more

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It seemed inevitable that the dollar would lose its exorbitant privilege. But the currency is here to stay, if only for want of an alternative…