Financial Crisis Boosting Dollar?
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.
