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Archive for October 23rd, 2009

Contrarian View on the Dollar

Evans-Pritchard offers a compelling argument that makes for a powerful critique of all the pearl-clutching over the dollar, and it is a perspective that I provisionally share.
Let me stick my neck out.
The dollar will still be the world’s dominant reserve currency in 2030, sharing a degree of leadership in uneasy condominium with the Chinese yuan. [...]