Richard Duncan on the Dollar Standard – No Replacement in Sight

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Cris welcomes Richard Duncan, author and Chief Economist at Blackhorse Asset Management in Singapore. Richard believes there is no replacement in sight for the dollar; not SDRs from the IMF, nor the Chinese yuan, nor gold. He also provides an important historical perspective on why the original gold standard broke down, and how that led to the rise of the dollar at Bretton Woods in 1944. Richard also discusses why finding a replacement will be so difficult, and why the other potential options would not work in the present global economic environment. For full access to the interview, please login and click the MP3 button or click here to subscribe. Questions? Check out our FAQ page.

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About Cris Sheridan