mark carney – Minilateralism by Chris Brummer – a book on finance, trade and monetary diplomacy https://minilateralism.com Chris Brummer shares How Trade Alliances, Soft Law and Financial Engineering are Redefining Economic Statecraft Wed, 17 Jun 2020 07:31:10 +0000 en-US hourly 1 https://wordpress.org/?v=5.9 Mark Carney criticizes reliance on US dollar, suggests possibility of multilateral digital asset https://minilateralism.com/mark-carney-criticizes-reliance-on-us-dollar-suggests-possibility-of-multilateral-digital-asset/ https://minilateralism.com/mark-carney-criticizes-reliance-on-us-dollar-suggests-possibility-of-multilateral-digital-asset/#respond Wed, 28 Aug 2019 14:43:08 +0000 https://minilateralism.com/?p=4507 Continue reading "Mark Carney criticizes reliance on US dollar, suggests possibility of multilateral digital asset"

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CHRIS BRUMMER

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

Mark Carney stands pensively in dark suit while listening to woman speak at economic symposium
Image provided by Bloomberg.com

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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