-
Should Fed’s Policies Rule the World?
Up to 60 percent of global transactions are conducted in U.S. dollars, more than one-third of world economic output is produced in dollar bloc economies, and an even greater share of global assets are priced in the currency, or linked currencies. This role as the de facto global currency for more than six decades has made the Federal Reserve’s monetary policy one of the U.S.’s greatest exports. As we have observed recently in southern Europe, or in Asia during the 1997 financial crisis, importing monetary policy can be dangerous. It is surprising then that the Fed’s dominance hasn’t caused even deeper ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 15, 2013 12:38am Jul 15, 2013 12:38am
- Schminner
- | Joined Jun 2007 | Status: Member | 180 Comments
- Comment #2
- Quote
- Jul 15, 2013 12:44am Jul 15, 2013 12:44am
- krisware
- | Joined Aug 2010 | Status: Member | 596 Comments
- Comment #3
- Quote
- Jul 15, 2013 12:46am Jul 15, 2013 12:46am
- eqshack
- Joined Jul 2011 | Status: Lord Of War | 1002 Comments
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- Comment #4
- Quote
- Jul 15, 2013 12:50am Jul 15, 2013 12:50am
- Schminner
- | Joined Jun 2007 | Status: Member | 180 Comments
- Comment #5
- Quote
- Jul 15, 2013 1:10am Jul 15, 2013 1:10am
- irongoose
- | Joined May 2013 | Status: Member | 479 Comments
- Comment #6
- Quote
- Jul 15, 2013 2:54am Jul 15, 2013 2:54am
- eqshack
- Joined Jul 2011 | Status: Lord Of War | 1002 Comments
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- Comment #7
- Quote
- Jul 15, 2013 2:58am Jul 15, 2013 2:58am
- Guest
- | IP XX.XX.152.237
- Comment #8
- Quote
- Jul 15, 2013 3:04am Jul 15, 2013 3:04am
- irongoose
- | Joined May 2013 | Status: Member | 479 Comments