[lbo-talk] Dangerous dollar dominance

[Marv Gandall]

Apart from the slack US economy, the Federal Reserve has been hesitant to raise interest rates for fear of blowing up the global financial system - the unintended consequence of the exorbitant privilege conferred on the US by the dollar as the world’s reserve currency.

http://www.reuters.com/article/us-global-policy-reserve-analysis-idUSKCN0Y20FQ?feedType=nl&feedName=businessNews&utm_source=Sailthru&utm_medium=email&utm_campaign=US%20Business%20New%200900%202016-05-11&utm_term=US%20Business%200900