Global Capital Is the Tail That Wags the U.S. Economic Dog
Economists have long imagined that the free movement of capital around the world benefits the U.S. economy. It doesn’t.
Don’t Discount the Dollar Yet
China may want to displace the dollar with the yuan as the global reserve currency, but its actions are leading to the opposite.
The Greenback Needs a Digital Makeover
To preserve the dollar’s status as the world’s reserve currency, the United States can’t let China get ahead on cryptocurrency.
The Global Economy Lives in Wonderland Now
Central banks have gone fully through the looking glass, and it’s time that everyone else followed.
How China’s ‘Currency Manipulation’ Enhances the Global Role of the U.S. Dollar
But it's not quite that simple. In fact, Beijing benefits from the dollar’s dominance.