
The Pandemic Is Shaking the Dollar’s Supremacy
May 18, 2020 suggests that escalating US leadership failures will further erode the greenback's global standing.
Benjamin J. Cohen, Professor of International Political Economy at the University of California, Santa Barbara, is the author, most recently, of Currency Statecraft: Monetary Rivalry and Geopolitical Ambition.
May 18, 2020 suggests that escalating US leadership failures will further erode the greenback's global standing.
Aug 8, 2019 holds out hope that the world’s two largest economies may yet achieve some form of exchange-rate détente.
Jul 19, 2019 proposes a new independent agency to supplement monetary-policy responses to macroeconomic fluctuations.
Jan 7, 2019 expects lost faith in the US dollar and economic troubles elsewhere to lead to even more market volatility.
Aug 22, 2018 argues that the greenback's recent appreciation could be a prelude to the end of its global dominance.
Huge fiscal and monetary stimulus programs have sparked a growing debate about whether advanced economies may sooner or later experience the sort of rapid price growth last seen a generation ago. While stimulus advocates point to current weak demand and the public’s deeply ingrained low-inflation expectations, anxious hawks fear that a new and dangerous global inflationary consensus may be taking hold.