ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System
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ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System

2020-11-27
One of the most significant macroeconomic questions facing the world is what the future of the global reserve system, dominated for the last 80 years by the U.S. dollar, holds.  Today’s episode is a replay of NLW’s epic conversation with macro analyst Luke Gromen from April 2020. In it, Luke discusses the entire history of that U.S. dollar system, including: Bretton Woods and why the world went on a USD-based system rather than John Maynard Keynes’ idea for a non-sovereign “bancor” world reserve currency The mo...
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