Financial Crisis Boosting Dollar?
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James Joyner | Wednesday, October 29, 2008 |
Martin Wolf, the chief economics commentator at the Financial Times, told an Atlantic Council audience earlier today that the global financial crisis has “re-emphasized the centrality of U.S. dollar as a currency” and demonstrated once again that “when things go really badly lots of people want go to the U.S. even if U.S. is why, even in part, things are going so badly.”
I examine this claim in a New Atlanticist piece called “Financial Crisis: What Doesn’t Kill Us Makes Us Stronger?”
Take a look and feel free to add your comments.
About the Author: James Joyner is the publisher of Outside the Beltway and the managing editor of the Atlantic Council. He's a former Army officer, Desert Storm vet, and college professor with a PhD in political science from The University of Alabama. He lives just outside the Beltway in Alexandria, Virginia with his wife and infant daughter.
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