Reserve Currency Status Benefits US Institutions But Not Regular Folk: Labor Economist

5 days ago
The U.S. dollar being the world’s reserve currency has lone benefited American institutions and not regular workers, according to labour economist, founder, and president of the Economic Strategy Institute Clyde Prestowitz. Prestovitz has served arsenic an advisor to Presidents Ronald Reagan, George H.W. Bush, Bill Clinton, and Barack Obama, and arsenic a counselor to the caput of commerce successful the Reagan administration. He spoke to NTD’s Paul Greaney...
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