Why the Federal Reserve Must Become the World's "Dealer of Last Resort"
As President-elect Donald Trump threatens to turn away from the rest of the world, the Federal Reserve will find itself under increasing pressure to extend a helping hand outwards.
That's the prognosis from Credit Suisse AG Director of U.S. Economics Zoltan Pozsar, who contends that the U.S. central bank needs to take a much more activist approach to ensuring adequate availability of the worlds reserve currency in light of rec ...
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