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Virulence of US dollar hegemony???
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Virulence of US dollar hegemony???# Economics - 经济
f*r
1
I am in the office now, so sorry I can't type in Chinese. These days there've
been some calls from both developing countries and even economists in
developed countries for an adjustment of international monetary regime to peg
to gold. This mostly aims at the much overvalued US dollar. Despite the
feasibility of this movement in the sense of political economy, what you think
the virtue of this proposal, especially for developing countries? How much is
the virulence of the US dollar hegemony? Wil
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r*d
2
how to deal with those very problems leading to the abandon of bretton woods
system?
i didn't see anything wrong with the current dominance of USD. USD has many
virtues to be the world dominant currency. US economy is the biggest in the
world; US has been able to successfully control inflation in the last decades;
US dollar is accepted everywhere. US has large amount of national debt, which
make it possible for other countries to hold it as possible. the international
trade of US account for mor

【在 f*********r 的大作中提到】
: I am in the office now, so sorry I can't type in Chinese. These days there've
: been some calls from both developing countries and even economists in
: developed countries for an adjustment of international monetary regime to peg
: to gold. This mostly aims at the much overvalued US dollar. Despite the
: feasibility of this movement in the sense of political economy, what you think
: the virtue of this proposal, especially for developing countries? How much is
: the virulence of the US dollar hegemony? Wil

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q*i
3

if the goal of a gold-peged currency system is to devalue the dollar, wouldn't
that hurt the developing countries who more or less tend to rely on export?

【在 f*********r 的大作中提到】
: I am in the office now, so sorry I can't type in Chinese. These days there've
: been some calls from both developing countries and even economists in
: developed countries for an adjustment of international monetary regime to peg
: to gold. This mostly aims at the much overvalued US dollar. Despite the
: feasibility of this movement in the sense of political economy, what you think
: the virtue of this proposal, especially for developing countries? How much is
: the virulence of the US dollar hegemony? Wil

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