Suchergebnisse
30. Jan. 2023 · US debt default could trigger dollar’s collapse – and severely erode America’s political and economic might. Kevin McCarthy., left, Chuck Schumer, right, and President Joe Biden meet at the...
- Michael Humphries
Vor 2 Tagen · U.S. Treasury secretary Janet Yellen has warned countries around the world are moving away from the U.S. dollar—as the spiraling $34 trillion U.S. debt pile fuels fears of collapse—with ...
13. März 2023 · The dollar weakened on Monday as markets bet the Federal Reserve will slow if not halt its raising of interest rates to curb inflation after U.S. authorities moved to limit the fallout from the...
- Anti-Inflationary Credibility at Stake
- Erosion of Safety
- Alternative Gains
When it comes to reserve currency status there are huge advantages deriving from incumbency, partly from inertia but also from network effects. The more people use the dollar, the more useful it is for everyone else. And as Dario Perkins, head of global macroeconomics of TSLombard, points out, the leadership of the global economy does not change ha...
The fears about potential inflation are not the only reason some investors are raising new questions about the role of the dollar in the international financial system. The pandemic-induced turbulence in the Treasury market in March 2020 has raised important questions about the market’s liquidity. In early March, the Covid-19 scare sparked a typica...
If the dollar has retained its hegemonic rolethus far it is because reserve currency status is about relative not absolute advantages. The question has always been, what are the alternatives? In terms of economic might the only realistic immediate challengers are the euro and the renminbi. Both are gaining, albeit slowly, in relative advantage. The...
17. Juni 2024 · In simple terms, a currency collapse means that the money people use every day loses its value rapidly, making it difficult to buy goods and services, repay debts, and maintain economic...
12. Juni 2023 · It was clear that the British Pound Sterling could not be the currency everyone counted on. The Bretton Woods gathering in 1944 cemented the U.S. dollar in as the world's reserve currency ...
Vor 6 Tagen · Hwang was found guilty of 10 out of the 11 charges he faced. Former Archegos chief financial officer Patrick Halligan, who was tried alongside Hwang, was also found guilty on three counts ...
