Nov 21, 2009
Disconnecting from the Dollar.
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Disconnecting from the Dollar.Related Regions:
AsiaMar 26, 2009
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
Charles Freeman, Freeman Chair in China Studies, Center for Strategic and International Studies; former assistant U.S. trade representative for China affairs.
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Freeman Chair in China StudiesExperts:
Charles Freeman