Not Triffin, not Miran: rethinking US external imbalances in a new monetary order
Biagio Bossone is an advisor to international organizations (including AfDB, BIS, IMF, IOSCO, World Bank), government agencies and financial institutions In a recent Vox column, Michael Bordo and Robert McCauley argue convincingly that we are no longer in ‘Triffin land’. They are responding to the revival of the Triffin dilemma by Stephen Miran, Chair of […]
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