Professor of Law : Georgetown University, and Director, Institute of International Economic Law
Mark Carney criticizes reliance on US dollar, suggests possibility of multilateral digital asset
The Bank of England’s governor, Mark Carney, the Bank of England governor, has said that the world’s reliance on the US dollar “won’t hold” and needs to be replaced by a new international monetary and financial system based on many more global currencies. Part of the solution could come from a multilateral digital currency. The Financial Times story is here.
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