Dollar dominance may be at an ‘inflection point’: former IMF advisor
The dollar’s slow erosion as the world’s dominant currency may be about to accelerate, UC Berkeley economist and former IMF adviser Barry Eichengreen says.
Speaking to CNBC’s Evelyn Cheng at the Bund Summit, he explains why a gradual shift could broaden global liquidity and benefit global markets — and warns about what could happen if an abrupt loss of confidence in the dollar occurs.
