Will the Dollar Remain King in a Cashless Society?
Original Report
The dollar has been the world's reserve currency for decades, but it's history goes back centuries – to before the United States was the United States. Brendan Greeley, author of the new book "The...
The dollar has been the world's reserve currency for decades, but it's history goes back centuries – to before the United States was the United States. Brendan Greeley, author of the new book "The Almighty Dollar: 500 Years of the World's Most Powerful Money," joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the currency's history, explain its dominance in global finance, and look ahead to the role it'll play in a world in which cash is no longer king. (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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