Economics, Econometrics and Finance
4 years ago

Dollar expected to plummet by 35% in 2021, impacting global economy.

SSRN Electronic Journal
The Dollar and its Discontents
Barry Eichengreen

Paper Summary

The dollar dropped by 10% in 2020 and experts predict it may fall by 35% in 2021. Some say this is due to COVID vaccines, the Federal Reserve's actions, America's deficits, and new currency options. However, this pessimism about the dollar is believed to be exaggerated.

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