Barry Eichengreen is the George C. Pardee and Helen N. Pardee Chair and Distinguished Professor of Economics and Political Science at the University of California, Berkeley, a research associate at the National Bureau of Economic Research, and a research fellow at the Centre for Economic Policy Research. He is the author of Money Beyond Borders: Global Currencies from Croesus to Crypto.
In a self-evident sense, it is not the issuing country but users of an international currency that choose whether to use it or not. But the issuing country can do much to influence that choice positively or negatively. Positively, if the issuer engages in a large volume of cross-border transactions [...]
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A conversation with Muriel Poisson
Do You Live in a Democracy?: What All Democracies Have in Common
A conversation with Larry Diamond
Translation:
Here in Venezuela, the possibility of replacing our national currency with the US dollar has been raised. I am one of those who oppose this process, because in addition to affecting our national sovereignty, the nation would lose all capacity to manage its investments. I believe that we must strengthen our Bolivar and control inflation. It would be more beneficial for the country.Translation:
Let us hope, as Barry Eichengreen says, that investments diversify away from the dollar and that we are not so dependent on US hegemony, especially when it is ruled by despotic leaders with a view solely to personal, rather than the common, good.|
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