Insights for Navigating an Uncertain World
The important trend of moving away from the U.S. dollar as the single reserve currency standard is worth tracking. I think this is linked to the move by central banks around the world to implement digital currencies. The old system is at the end of its life cycle…there appears to be a rush to implement a new system to replace it.
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts