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Hostage to the Dollar
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Hostage to the Dollar

Philip Bowring's avatar
Philip Bowring
Apr 10, 2009
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Hostage to the Dollar
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Positioning and propaganda in the lead-up to the recent G20 meeting in London are at last focusing attention on the role reserve currencies play and the dollar in particular. But change is going to be very hard to achieve.

China has been in the forefront of this by arguing for a greater role for International Monetary Fund units of account, Sor pecial Dr…

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