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The Secret to the Dollar’s Success? Nope, It’s Not Trade.
Countries that want to “dedollarize” must find a currency that matches the greenback’s extraordinary liquidity.
Cryptocurrency Crashes Recall the Wild Days of “Free Banking”
The U.S. used to have hundreds of unregulated private currencies backed by shaky assets. Sound familiar?
Inside China’s Long March Toward Challenging the Dollar
As Beijing cautiously opens its bond markets to foreign investors, it must balance its desire for global influence with the risk of capital flight.
