The World Times
Published in

The World Times

Source: Quartz

Why the U.S. Dollar’s Reserve Status Is An Exorbitant Burden

Economic disadvantages outweigh the benefits reaped from the reserve status. Although the dollar gives the US political power and prestige, higher costs of exports mean that it is doomed to run a current-account deficit and is forced to…

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Politics, economics, philosophy, technology

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Sukhayl Niyazov

Sukhayl Niyazov

Writing about politics, science & tech in The National Interest, Towards Data Science, City Journal, Foundation for Economic Education, Law & Liberty, etc.

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