WORLD DOLLAR LIQUIDITY
“Thanks to this system it takes only seconds to transmit money – and money trouble – between the U.S. and Europe”. Milton Friedman in his...
Printing Yuan for Oil and Hegemonic Demise
In his recently published book entitled, The Mr. X Interviews: Worldviews From A Fictional U.S. Sovereign Creditor, author Luke Gromen...
AFTER 70 YEARS DO U.S. DEFICITS MATTER AGAIN? OR IS IT WORSE?
Introduction and Background In 1944 forty-four nations gathered in Bretton Woods, New Hampshire to deliberate the new global monetary...