Foreign Exchange Reserves & the U.S. Dollar

http://thekojonnamdishow.org/shows/2005-03-14/foreign-exchange-reserves-us-dollar
Foreign Exchange Reserves & the U.S. Dollar

The governments of Japan and Korea have recently made statements about "diversifying" their foreign exchange reserves. With foreigners holding 53% of marketable US Treasuries, statements like this scare many economist. What does...

The governments of Japan and Korea have recently made statements about "diversifying" their foreign exchange reserves. With foreigners holding 53% of marketable US Treasuries, statements like this scare many economist. What does it all mean? And what might happen to the U.S. economy if other countries stop investing in our dollar.

Guests

Greg Ip

economics reporter, Wall Street Journal

Peter Goldstein

Senior Editor for Economics, "Kiplinger"

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