Foreign Exchange Reserves & the U.S. Dollar | The Kojo Nnamdi Show

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Foreign Exchange Reserves & the U.S. Dollar

Listen Monday, Mar. 14, 2005 at 1:06 p.m. in Economy, Politics

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.

Audio archives, transcripts and CDs will be available approximately 15 minutes after the program ends.

Guests

Greg Ip

economics reporter, Wall Street Journal

Peter Goldstein

Senior Editor for Economics, "Kiplinger"

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