Disconnecting from the Dollar?
The dollar's days as a global reserve currency may be numbered -- at least if China and other key nations have their way. The Chinese proposed this week that the world move toward a new currency run by the International Monetary Fund. Experts say such a change could affect U.S. stimulus spending -- and lead to an increase in mortgage and credit card interest rates for consumers. We'll explore how complex debates about global currencies could have a very real impact on the U.S. economy.
Guests
Freeman Chair in China Studies, Center for Strategic and International Studies; former assistant U.S. trade representative for China affairs.
Reporter, The Wall Street Journal
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