Latest with Keyword “usd”
Exorbitant Privilege and the Fall of the Soviet Union
US's exorbitant privilege is a factor in the fall of the Soviet Union often overlooked. In this article, I discuss how money printing by the USA led to the c...
The Road to Hell Is Paved with Good Intensions: Progressive Social Programs Can Spell the End of USD Hegemony
Money-printing to fund social programs can be worse for the hegemonic status of USD than money-printing to inflate asset bubbles and to fund foreign wars.
Biden May Well Be Worse than Trump, but It Won't Matter
I rebuke the notion that a Biden presidency will be better than a second Trump term in any meaningful way: None of the three fundamental issues that we face ...