Spurred by a few op-ed pieces and a couple of investment bank “research” notes, the mainstream and social media have been talking about others talking about the dollar losing its reserve status or its larger role in the global economy. Few appear to really think it is likely in anything that approaches the time horizon …
The Ant and the Grasshopper: A Window into Macro Part I Read More »
I talked to Rick Santelli on CNBC earlier today about the dollar. A link to the video clip can be found here. Our brief discussion had two components. In the first, talked about the seemingly never-ending quest for an alternative to the dollar. I have argued that the biggest threat to the greenback’s role in …
Cool Video: Weaponization of the Dollar and the Search for an Alternative Read More »
My first book, Making Sense of the Dollar, was published by Bloomberg Press ten years ago this week. It was named a Bronze medal winner by Independent Publishers. It sought to counter the declinists of the period who, understandably, if even mistakenly, thought the dollar was on an exorable path that had been carved by …
My new book, Political Economy of Tomorrow has just been published, and it is available on Amazon. The book is not a sequel to my first book, Making Sense of the Dollar. There is very little about the foreign exchange market in the new book. However, it is not wholly new cloth either. There is a journalist-cum-presidential adviser at the turn …