May 15, 2023
There has been an online explosion of discourse surrounding
several currency agreements signed by nations like Russia, China
and India, with some even predicting the emergence of a gold-backed
BRICS currency to rival the US dollar but the end of the year. Is
this actually possible though, and how likely are these five
countries who have wildly different levels of interest, savings and
inflation, to work together in the long term, or is this just
Russia and China making political noise whilst still clinging to
the stability of the US Dollar? Are we experiencing the beginning
of "The Death of the US Dollar?", or a masterclass on why it has
maintained its primary position for so many decades now? We ask our
panel of experts:
On the panel this week:
- Vicky Pryce (CEB)
- Maximilian Hess (FPRI)
- Anders Åslund (Swedish Economist)
Intro - 00:00
PART 1 - 03:59
PART 2 - 29:26
PART 3 - 53:53
Outro - 1:07:36
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