Weekly Geopolitical Report – Weaponizing the Dollar: Part II (August 19, 2019)

by Bill O’Grady

Weaponizing the Dollar: Part I

In Part I, we began our analysis with a discussion of Mundell’s Impossible Trinity.  We also covered the gold standard model and Bretton Woods model.  This week, we will examine the Treasury/dollar standard and introduce what could be called Bretton Woods II.  Finally, we will conclude with market ramifications.

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