Post by Alex Gladstein: Good thread on the rarely-discussed costs of dollar hegemony 👇 - Upcarta

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Alex Gladstein @gladstein · Mar 17, 2022

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Good thread on the rarely-discussed costs of dollar hegemony 👇

Tweet Mar 16, 2022

1/14 Good piece by @TomFStevenson on one of the reasons why, for all the damage it does to the US economy, Washington is unlikely to want to constrain the global use of the US dollar. www.lrb.co.uk/the-paper/v44/n06/tom-stevenson/first-recourse-for-r

by Michael Pettis

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