Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
Here’s Who Really Benefits From The Dominance Of The U.S. Dollar
When people talk about the dominance of the U.S. dollar in global commerce, they often refer to it as a unique privilege of the United States that its currency is the world’s safe haven. But it’s not so clear who really benefits from the unique role played by the greenback. For one thing, there are wide swathes of U.S. workers whose industries are hurt by its strength. On this episode, we speak with Yakov Feygin, the Assistant Director of the Future of Capitalism project at the Berggruen Institute about the global winners and losers of the dollar system.
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