Will the dollar depreciate?
The dollar is structurally overvalued given its external deficit. In any economy, such a deficit would have resulted in a sharp and lasting depreciation of its currency. This is not…
Philippe Waechter's blog
What currencies in tomorrow’s world ?
The world that is emerging will not resemble the one collectively constructed until now. This integrated world had transparent borders and has lived.In this world, the dollar reigns because it…