"The economic and financial distress Trump initiated in the US creates an opportunity for the eurozone – which issues the world’s second-most-important international currency – to capture some of the exorbitant privilege long enjoyed by the US."
www.project-syndicate.org/commentary/e...
Prepare for the Global Euro | by Hélène Rey - Project Syndicate
Hélène Rey urges European officials to act quickly to capture some of the "exorbitant privilege" long enjoyed by the US.
